Zacks Investment Research Downgrades Hitachi (HTHIY) to Sell

Hitachi (OTCMKTS:HTHIY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “Hitachi Ltd., headquartered in Tokyo, is one of the world’s leading global electronics companies. They manufacture and market a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. “

Shares of HTHIY stock opened at $60.55 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16. Hitachi has a 52-week low of $51.25 and a 52-week high of $80.64. The firm has a market capitalization of $29.10 billion, a P/E ratio of 8.18, a price-to-earnings-growth ratio of 1.15 and a beta of 1.14.

Hitachi Company Profile

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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