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

Hitachi Constr (OTCMKTS:HTCMY)’s share price gapped down before the market opened 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 traded.

Hitachi Constr Price Performance

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

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

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.