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Hitachi Construction Machinery (OTCMKTS:HTCMY) Reaches New 52-Week Low at $37.68

Financial News Live ·  Sep 29, 2022 09:32

Shares of Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY – Get Rating) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $37.68 and last traded at $37.68, with a volume of 205 shares traded. The stock had previously closed at $38.73.

Wall Street Analyst Weigh In

Several research firms recently commented on HTCMY. Jefferies Financial Group cut shares of Hitachi Construction Machinery from a "buy" rating to a "hold" rating in a research report on Tuesday, August 23rd. JPMorgan Chase & Co. lowered Hitachi Construction Machinery from an "overweight" rating to a "neutral" rating in a report on Tuesday, September 6th. Finally, The Goldman Sachs Group assumed coverage on Hitachi Construction Machinery in a report on Sunday. They set a "neutral" rating for the company.

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Hitachi Construction Machinery Price Performance

The company has a current ratio of 1.68, a quick ratio of 0.87 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average of $41.46 and a 200 day moving average of $45.12.

Hitachi Construction Machinery Company Profile

(Get Rating)

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, engages in the manufacture, sale, rental, and service of construction and transportation machinery, and other machines and devices worldwide. It offers mini excavators and wheel loaders, road construction machinery, wheel loaders, large and ultra-large hydraulic excavators, rigid dump trucks, and double arm working machines.

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