Hitachi Construction Machinery (OTCMKTS:HTCMY) Hits New 52-Week Low at $42.63 – Defense World

Shares of Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMYGet Rating) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $42.63 and last traded at $43.56, with a volume of 1515 shares trading hands. The stock had previously closed at $46.08.

Separately, Daiwa Capital Markets upgraded Hitachi Construction Machinery from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 9th.

The company has a quick ratio of 0.81, a current ratio of 1.65 and a debt-to-equity ratio of 0.31. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 6.89 and a beta of 0.88. The business has a 50 day moving average price of $47.38 and a 200-day moving average price of $50.74.

Hitachi Construction Machinery Company Profile (OTCMKTS:HTCMY)

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, engages in the manufacture, sale, rental, and service of construction and transportation machinery, environmental related products, and other machines and devices worldwide. It offers mini excavators, wheel loaders, mini wheel loaders, road construction machinery, large and ultra-large hydraulic excavators, rigid dump trucks, and double arm working machines.

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