Hitachi Construction Machinery (OTCMKTS:HTCMY) Trading Up 2.1%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMYGet Free Report)’s share price shot up 2.1% during mid-day trading on Tuesday . The company traded as high as $56.88 and last traded at $56.88. 124 shares were traded during mid-day trading, a decline of 91% from the average session volume of 1,428 shares. The stock had previously closed at $55.70.

Hitachi Construction Machinery Stock Performance

The company’s 50 day moving average price is $53.92 and its 200-day moving average price is $56.40. The company has a quick ratio of 0.63, a current ratio of 1.44 and a debt-to-equity ratio of 0.24.

Hitachi Construction Machinery (OTCMKTS:HTCMYGet Free Report) last announced its quarterly earnings data on Friday, January 26th. The company reported $0.86 earnings per share (EPS) for the quarter. The company had revenue of $2.34 billion for the quarter. Hitachi Construction Machinery had a net margin of 7.08% and a return on equity of 13.29%. As a group, research analysts forecast that Hitachi Construction Machinery Co., Ltd. will post 6.59 EPS for the current fiscal year.

About Hitachi Construction Machinery

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Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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