Hitachi Constr (OTCMKTS:HTCMY) Sets New 52-Week High – Still a Buy?

Hitachi Constr (OTCMKTS:HTCMY)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $64.00 and last traded at $64.00, with a volume of 120 shares changing hands. The stock had previously closed at $63.76.

Hitachi Constr Price Performance

The company’s 50-day moving average price is $60.29 and its 200-day moving average price is $57.13. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.63 and a quick ratio of 0.77. The company has a market cap of $6.81 billion, a P/E ratio of 11.74 and a beta of 0.33.

Hitachi Constr (OTCMKTS:HTCMY) last released its earnings results on Wednesday, July 30th. The company reported $0.73 earnings per share for the quarter. The business had revenue of $2.12 billion during the quarter. As a group, sell-side analysts predict that Hitachi Constr will post 4.76 earnings per share for the current fiscal year.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.