Hitachi Constr (OTCMKTS:HTCMY) Hits New 52-Week High – What’s Next?

Hitachi Constr (OTCMKTS:HTCMY)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $85.00 and last traded at $85.00, with a volume of 235 shares. The stock had previously closed at $58.50.

Hitachi Constr Trading Up 11.6%

The stock has a market capitalization of $9.04 billion, a PE ratio of 16.90 and a beta of 0.46. The company’s 50 day moving average price is $62.23 and its two-hundred day moving average price is $61.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.68 and a quick ratio of 0.72.

Hitachi Constr (OTCMKTS:HTCMY) last released its quarterly earnings data on Thursday, January 29th. The company reported $1.13 EPS for the quarter. The business had revenue of $2.11 billion during the quarter. As a group, analysts expect that Hitachi Constr will post 4.76 earnings per share for the current year.

About Hitachi Constr

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.