Hitachi Constr (OTCMKTS:HTCMY) Releases Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) issued its quarterly earnings results on Friday. The company reported $1.02 earnings per share for the quarter, Zacks reports.

Hitachi Constr Stock Performance

Shares of HTCMY stock remained flat at $67.28 during trading hours on Friday. The stock had a trading volume of 98 shares, compared to its average volume of 61. Hitachi Constr has a 1-year low of $55.92 and a 1-year high of $87.04. The stock has a market cap of $7.24 billion, a PE ratio of 13.38 and a beta of 0.48. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.68. The firm has a 50-day moving average price of $75.32 and a two-hundred day moving average price of $65.54.

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.