Hitachi (OTCMKTS:HTHIY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

by · The Markets Daily

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $58.81 and traded as low as $47.90. Hitachi shares last traded at $49.72, with a volume of 127,762 shares.

Hitachi Stock Performance

The firm has a 50-day moving average of $51.19 and a 200-day moving average of $58.92. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $114.18 billion, a price-to-earnings ratio of 9.38, a P/E/G ratio of 1.48 and a beta of 0.81.

About Hitachi

(Get Free Report)

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.

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