Hitachi (OTCMKTS:HTHIY) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Hitachi Stock Up 0.9 %

The company has a market capitalization of $110.88 billion, a price-to-earnings ratio of 9.11, a P/E/G ratio of 1.44 and a beta of 0.81. The firm has a 50 day moving average price of $50.47 and a two-hundred day moving average price of $58.15.

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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