Hitachi Construction Machinery (OTCMKTS:HTCMY) Stock Price Up 2.5% – Here’s Why

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMYGet Free Report)’s stock price was up 2.5% during mid-day trading on Thursday . The company traded as high as $49.75 and last traded at $49.75. Approximately 109 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 351 shares. The stock had previously closed at $48.54.

Hitachi Construction Machinery Price Performance

The company has a 50 day moving average of $45.33 and a 200 day moving average of $46.58. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.75 and a current ratio of 1.63. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 9.13 and a beta of 0.61.

About Hitachi Construction Machinery

(Get Free Report)

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.

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