Hitachi Constr (OTCMKTS:HTCMY) Trading 4.6% Higher – Time to Buy?

Hitachi Constr (OTCMKTS:HTCMY) was up 4.6% during trading on Wednesday . The company traded as high as $58.50 and last traded at $58.50. Approximately 1,389 shares changed hands during trading, an increase of 1,330% from the average daily volume of 97 shares. The stock had previously closed at $55.9225.

Hitachi Constr Stock Up 4.6%

The company has a market capitalization of $6.22 billion, a PE ratio of 11.02 and a beta of 0.42. The stock’s fifty day moving average is $59.39 and its two-hundred day moving average is $60.49. The company has a current ratio of 1.70, a quick ratio of 0.75 and a debt-to-equity ratio of 0.24.

Hitachi Constr (OTCMKTS:HTCMY) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $1.69 EPS for the quarter. The company had revenue of $2.36 billion during the quarter. As a group, analysts predict that Hitachi Constr will post 4.76 EPS for the current year.

About Hitachi Constr

Hitachi Construction Machinery Co, Ltd. is a leading manufacturer of construction and mining equipment, offering a comprehensive range of hydraulic excavators, wheel loaders, rigid dump trucks and specialized machinery. The company serves a broad spectrum of industries, including civil engineering, infrastructure development, quarrying and open-pit mining, and it emphasizes technological innovation in its product designs to enhance productivity and fuel efficiency.

Originally established in 1951 as part of the Hitachi Group, the company produced its first hydraulic excavator in 1963 and has since expanded its portfolio to include advanced automation and telematics solutions.