Hitachi Constr (OTCMKTS:HTCMY) Posts Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) issued its quarterly earnings data on Thursday. The company reported $1.13 earnings per share for the quarter, Zacks reports. The firm had revenue of $2.11 billion for the quarter.

Hitachi Constr Price Performance

Shares of Hitachi Constr stock remained flat at $58.50 during trading on Friday. The stock has a 50 day moving average of $57.57 and a two-hundred day moving average of $60.38. The firm has a market capitalization of $6.22 billion, a P/E ratio of 11.02 and a beta of 0.43. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.75 and a current ratio of 1.70. Hitachi Constr has a 52-week low of $42.50 and a 52-week high of $68.00.

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.