Hitachi Constr (OTCMKTS:HTCMY) Issues Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) announced its earnings results on Thursday. The company reported $1.65 earnings per share (EPS) for the quarter, Zacks reports. Hitachi Constr had a return on equity of 8.06% and a net margin of 5.22%.

Hitachi Constr Price Performance

Shares of HTCMY stock remained flat at $65.82 on Thursday. The company had a trading volume of 9 shares, compared to its average volume of 14. The firm has a 50-day moving average of $65.52 and a 200 day moving average of $69.08. Hitachi Constr has a 52-week low of $55.92 and a 52-week high of $87.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.71 and a quick ratio of 0.82. The firm has a market capitalization of $7.08 billion, a price-to-earnings ratio of 14.40 and a beta of 0.49.

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.