Hitachi Constr (OTCMKTS:HTCMY) Releases Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) released its quarterly earnings results on Thursday. The company reported $1.30 earnings per share (EPS) for the quarter, Zacks reports. Hitachi Constr had a net margin of 5.86% and a return on equity of 8.77%. The company had revenue of $2.32 billion for the quarter.

Hitachi Constr Price Performance

Shares of OTCMKTS HTCMY remained flat at $67.78 during trading hours on Friday. 42 shares of the company traded hands, compared to its average volume of 116. Hitachi Constr has a 1 year low of $55.92 and a 1 year high of $87.04. The firm has a market capitalization of $7.29 billion, a P/E ratio of 13.29 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 1.71. The firm’s 50 day simple moving average is $70.99 and its two-hundred day simple moving average is $69.52.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd. develops, manufactures, sells, and services construction and mining equipment. Its product portfolio includes hydraulic excavators, wheel loaders, dump trucks, and other machinery used in infrastructure development, building construction, quarrying, and resource extraction. The company also provides replacement parts, maintenance, refurbishment, equipment rentals, and related support services.

The company serves customers through a global network spanning Japan, Asia, Oceania, North America, Latin America, Europe, Africa, and the Middle East.