ValuEngine Upgrades HITACHI CHEM CO/ADR (OTCMKTS:HCHMY) to Hold





HITACHI CHEM CO/ADR (OTCMKTS:HCHMY) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, February 19th.

HCHMY has been the subject of several other reports. Zacks Investment Research upgraded shares of HITACHI CHEM CO/ADR from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 24th. Jefferies Financial Group lowered shares of HITACHI CHEM CO/ADR from a “buy” rating to a “hold” rating in a research report on Tuesday, February 5th.

OTCMKTS:HCHMY traded up $4.77 during midday trading on Tuesday, hitting $41.00. The company had a trading volume of 12,693 shares, compared to its average volume of 2,060. HITACHI CHEM CO/ADR has a 52-week low of $28.12 and a 52-week high of $48.26. The firm has a market capitalization of $4.27 billion, a PE ratio of 13.02 and a beta of 1.42. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.39 and a current ratio of 1.87.

About HITACHI CHEM CO/ADR

Hitachi Chemical Company, Ltd. manufactures and sells functional materials, and advanced components and systems in Japan and internationally. The company provides semiconductor related materials, such as chemical mechanical planarization slurry, high heat resistant fine polyimides, photosensitive insulation coatings, die bonding pastes and films, epoxy molding compounds, liquid encapsulants, cleaning sheets, high heat resistant coating materials, map molding support tapes, release sheets, and dicing films; and display and touch panel related materials, including anisotropic conductive films, transparent conductive transfer films, and adhesive films for displays.

Read More: Balance Sheet

To view ValuEngine’s full report, visit ValuEngine’s official website.

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