Hitachi (OTCMKTS:HTHIY) Shares Pass Above 50-Day Moving Average – Should You Sell?

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $51.30 and traded as high as $52.40. Hitachi shares last traded at $50.23, with a volume of 119,727 shares trading hands.

Hitachi Trading Down 1.3 %

The company has a market cap of $116.45 billion, a P/E ratio of 9.70, a price-to-earnings-growth ratio of 1.36 and a beta of 0.83. The firm has a 50-day moving average of $51.30 and a 200 day moving average of $56.22. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.16.

About Hitachi

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Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.

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