Hino Motors (OTCMKTS:HINOY) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Hino Motors Ltd. (OTCMKTS:HINOY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.95 and traded as low as $23.97. Hino Motors shares last traded at $23.97, with a volume of 100 shares traded.

Hino Motors Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.82. The company’s 50-day moving average price is $28.56 and its 200 day moving average price is $25.95.

Hino Motors (OTCMKTS:HINOY) last issued its earnings results on Thursday, January 29th. The company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.66 by ($0.50). Hino Motors had a return on equity of 16.23% and a net margin of 4.99%.The firm had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.62 billion.

Hino Motors Company Profile

Hino Motors, Ltd. is a Japan-based manufacturer specializing in the production of commercial vehicles and diesel engines. A member of the Toyota Group, Hino develops, assembles and sells medium- and heavy-duty trucks, buses and related components for customers in diverse transportation, logistics and municipal sectors. The company’s product lineup spans light trucks and vans up to large long-haul tractor-trailers, alongside a range of diesel powertrains designed for reliability and fuel efficiency.

Founded in 1942 as Diesel Motor Industry Co, Ltd., Hino Motors has evolved through decades of engineering innovation and strategic partnerships.