Hino Motors (OTCMKTS:HINOY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Hino Motors Ltd. (OTCMKTS:HINOY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $28.25 and traded as high as $31.50. Hino Motors shares last traded at $31.50, with a volume of 201 shares changing hands.

Hino Motors Stock Up 1.6%

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.82 and a quick ratio of 0.51. The business has a fifty day simple moving average of $28.25 and a 200-day simple moving average of $25.30.

Hino Motors (OTCMKTS:HINOY) last announced its quarterly earnings results on Thursday, January 29th. The company reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.66 by ($0.50). The firm had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.62 billion. Hino Motors had a net margin of 4.99% and a return on equity of 16.23%.

Hino Motors Company Profile

Hino Motors, Ltd. is a Japan-based manufacturer specializing in the production of commercial vehicles and diesel engines. A member of the Toyota Group, Hino develops, assembles and sells medium- and heavy-duty trucks, buses and related components for customers in diverse transportation, logistics and municipal sectors. The company’s product lineup spans light trucks and vans up to large long-haul tractor-trailers, alongside a range of diesel powertrains designed for reliability and fuel efficiency.

Founded in 1942 as Diesel Motor Industry Co, Ltd., Hino Motors has evolved through decades of engineering innovation and strategic partnerships.