Hitachi (OTCMKTS:HTHIY) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $58.14 and traded as low as $50.80. Hitachi shares last traded at $52.25, with a volume of 63,783 shares traded.

Hitachi Stock Down 1.3 %

The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average price of $51.56 and a 200-day moving average price of $58.35. The firm has a market cap of $121.13 billion, a P/E ratio of 9.96, a P/E/G ratio of 1.48 and a beta of 0.81.

About Hitachi

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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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