Hitachi Constr (OTCMKTS:HTCMY) Reaches New 12-Month High - Here's Why

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $76.18 and last traded at $76.18, with a volume of 125 shares changing hands. The stock had previously closed at $55.9225.Get Hitachi Constr alerts:Hitachi Constr Stock PerformanceThe stock has a fifty day simple moving average of $57.78 and a two-hundred day simple moving average of $60.36. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 14.35 and a beta of 0.46. 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 (OTCMKTS:HTCMY - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The company reported $1.13 EPS for the quarter. The firm had revenue of $2.11 billion for the quarter. Analysts expect that Hitachi Constr will post 4.76 EPS for the current fiscal year. About Hitachi Constr (Get Free Report)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.See AlsoFive stocks we like better than Hitachi ConstrThe day the gold market brokeNEW LAW: Congress Approves Setup For Digital Dollar?What a Former CIA Agent Knows About the Coming CollapseYour Bank Account Is No Longer SafeBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hitachi Constr Right Now?Before you consider Hitachi Constr, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hitachi Constr wasn't on the list.While Hitachi Constr currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here