Hitachi Constr (OTCMKTS:HTCMY) Sets New 12-Month High – Still a Buy?

Shares of Hitachi Constr (OTCMKTS:HTCMY) reached a new 52-week high during trading on Friday . The stock traded as high as $85.00 and last traded at $85.00, with a volume of 235 shares. The stock had previously closed at $58.50.

Hitachi Constr Trading Up 11.6%

The company has a market cap of $9.04 billion, a price-to-earnings ratio of 16.90 and a beta of 0.46. The company’s 50 day moving average price is $62.82 and its 200 day moving average price is $61.72. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.68.

Hitachi Constr (OTCMKTS:HTCMY) last issued its quarterly earnings data on Thursday, January 29th. The company reported $1.13 earnings per share (EPS) for the quarter. The business had revenue of $2.11 billion during the quarter. Research analysts anticipate that Hitachi Constr will post 4.76 EPS for the current year.

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.