Hitachi Construction Machinery (OTCMKTS:HTCMY) Shares Down 3.9% – What’s Next?

Shares of Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMYGet Free Report) dropped 3.9% during trading on Thursday . The stock traded as low as $42.50 and last traded at $42.50. Approximately 288 shares changed hands during trading, a decline of 38% from the average daily volume of 463 shares. The stock had previously closed at $44.22.

Hitachi Construction Machinery Trading Down 3.9 %

The business’s 50 day simple moving average is $44.76 and its two-hundred day simple moving average is $47.53. The firm has a market capitalization of $4.52 billion, a P/E ratio of 7.80 and a beta of 0.61.

About Hitachi Construction Machinery

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Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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