Short Interest in Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Increases By 100.0%

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 29th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2.0 days.

Hitachi Construction Machinery Price Performance

Shares of OTCMKTS:HTCMY remained flat at $60.00 during midday trading on Thursday. The firm’s 50-day moving average is $57.15 and its 200-day moving average is $56.23. Hitachi Construction Machinery has a 1 year low of $43.93 and a 1 year high of $67.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.44 and a quick ratio of 0.63.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last released its quarterly earnings results on Friday, January 26th. The company reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $2.34 billion during the quarter. Hitachi Construction Machinery had a net margin of 7.08% and a return on equity of 13.29%. As a group, sell-side analysts forecast that Hitachi Construction Machinery will post 6.59 earnings per share for the current year.

Hitachi Construction Machinery Company Profile

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.