Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down – Time to Sell?

Hitachi Constr (OTCMKTS:HTCMY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $73.48, but opened at $65.82. Hitachi Constr shares last traded at $65.82, with a volume of 1,010 shares trading hands.

Hitachi Constr Trading Up 8.3%

The company has a market capitalization of $7.08 billion, a price-to-earnings ratio of 14.40 and a beta of 0.50. The company has a 50-day moving average price of $70.70 and a 200-day moving average price of $66.36. The company has a quick ratio of 0.72, a current ratio of 1.71 and a debt-to-equity ratio of 0.19.

Hitachi Constr (OTCMKTS:HTCMY) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.02 earnings per share (EPS) for the quarter. The company had revenue of $2.72 billion for the quarter. Hitachi Constr had a return on equity of 8.06% and a net margin of 5.22%.

Hitachi Constr Company Profile

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.