Hitachi (OTCMKTS:HTHIY) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Hitachi (OTCMKTS:HTHIY) from a strong sell rating to a hold rating in a research note released on Wednesday, Zacks.com reports.

According to Zacks, “Hitachi Ltd., headquartered in Tokyo, is one of the world’s leading global electronics companies. They manufacture and market a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. “

Separately, UBS Group lowered shares of Hitachi from a buy rating to a neutral rating in a research note on Wednesday, April 22nd.

Shares of HTHIY stock opened at $59.58 on Wednesday. The firm has a market capitalization of $28.80 billion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 0.67 and a beta of 1.13. The firm has a fifty day simple moving average of $64.20 and a two-hundred day simple moving average of $65.05. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25. Hitachi has a 12 month low of $45.97 and a 12 month high of $86.87.

About Hitachi

Hitachi, Ltd. provides information and telecommunication systems, social infrastructure and industrial systems, electronic systems and equipment, construction machinery, high functional materials and components, automotive systems, smart life and ecofriendly systems, other products, and financial services in Japan and internationally.

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