ValuEngine Lowers Hitachi (OTCMKTS:HTHIY) to Strong Sell

ValuEngine downgraded shares of Hitachi (OTCMKTS:HTHIY) from a sell rating to a strong sell rating in a report issued on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research lowered Hitachi from a strong-buy rating to a hold rating in a research note on Thursday, August 29th.

Shares of HTHIY traded down $0.45 during mid-day trading on Tuesday, reaching $78.22. 16,711 shares of the company’s stock were exchanged, compared to its average volume of 48,725. The company has a quick ratio of 0.97, a current ratio of 1.38 and a debt-to-equity ratio of 0.20. The company has a 50-day simple moving average of $76.88 and a two-hundred day simple moving average of $73.26. Hitachi has a 52-week low of $51.25 and a 52-week high of $79.67. The company has a market cap of $37.81 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 0.73 and a beta of 1.14.

About Hitachi

Hitachi, Ltd. provides information and telecommunication systems, social infrastructure and industrial systems, electronic systems and equipment, construction machinery, high functional materials and components, automotive systems, smart life and ecofriendly systems, other products, and financial services in Japan and internationally.

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