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

Shares of Hino Motors Ltd. (OTCMKTS:HINOY) gapped up before the market opened 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.

Hino Motors Trading Up 10.0%

The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 3.30 and a beta of -0.17. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.82. The business has a fifty day moving average price of $27.87 and a 200 day moving average price of $26.38.

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

Hino Motors Company Profile

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.