Hitachi Constr (OTCMKTS:HTCMY) Hits New 1-Year High – Should You Buy?

Hitachi Constr (OTCMKTS:HTCMY) hit a new 52-week high on Friday . The stock traded as high as $85.00 and last traded at $85.00, with a volume of 235 shares. The stock had previously closed at $58.50.

Hitachi Constr Stock Up 11.6%

The company has a market cap of $9.04 billion, a price-to-earnings ratio of 16.90 and a beta of 0.46. The firm’s fifty day simple moving average is $62.23 and its 200 day simple moving average is $61.54. The company has a current ratio of 1.68, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23.

Hitachi Constr (OTCMKTS:HTCMY) last issued its earnings results on Thursday, January 29th. The company reported $1.13 EPS for the quarter. The firm had revenue of $2.11 billion for the quarter. Sell-side analysts predict that Hitachi Constr will post 4.76 earnings per share 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.