Hitachi (OTCMKTS:HTHIY) Stock Passes Below 200 Day Moving Average – Here’s Why

by · The Markets Daily

Hitachi, Ltd. (OTCMKTS:HTHIY – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $58.30 and traded as low as $46.08. Hitachi shares last traded at $48.02, with a volume of 185,202 shares trading hands.

Hitachi Stock Performance

The company’s fifty day simple moving average is $50.47 and its two-hundred day simple moving average is $58.15. The company has a market capitalization of $110.88 billion, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 1.44 and a beta of 0.81.

About Hitachi

(Get Free Report)

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.

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