Hino Motors (OTCMKTS:HINOY) Shares Gap Up – Should You Buy?

Hino Motors Ltd. (OTCMKTS:HINOY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $25.7050, but opened at $29.84. Hino Motors shares last traded at $29.84, with a volume of 100 shares changing hands.

Hino Motors Trading Up 10.0%

The company has a current ratio of 0.82, a quick ratio of 0.51 and a debt-to-equity ratio of 0.07. The business’s 50-day simple moving average is $27.87 and its two-hundred day simple moving average is $26.38. The company has a market capitalization of $1.71 billion, a PE ratio of 3.30 and a beta of -0.17.

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

About Hino Motors

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.