HITACHI CONSTR/ADR (OTCMKTS:HTCMY) Upgraded to “Outperform” at Macquarie





Macquarie upgraded shares of HITACHI CONSTR/ADR (OTCMKTS:HTCMY) from a neutral rating to an outperform rating in a research note issued to investors on Friday, The Fly reports.

HTCMY has been the topic of several other reports. ValuEngine raised HITACHI CONSTR/ADR from a strong sell rating to a sell rating in a report on Thursday, May 30th. Zacks Investment Research raised HITACHI CONSTR/ADR from a sell rating to a hold rating in a research note on Tuesday, June 4th.

Shares of HTCMY remained flat at $$51.67 during trading hours on Friday. The stock had a trading volume of 56 shares, compared to its average volume of 24. The company has a market capitalization of $5.49 billion, a PE ratio of 9.92, a P/E/G ratio of 2.74 and a beta of 1.06. HITACHI CONSTR/ADR has a 12 month low of $46.20 and a 12 month high of $72.28. The company has a quick ratio of 0.72, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average is $49.09.

About HITACHI CONSTR/ADR

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures, sells, services, and rents construction machinery worldwide. The company operates in two segments, Construction Machinery Business and Solution Business. The company offers mini and medium excavators, large excavators/loading shovels, wheel loaders, demolition equipment, metal recycling equipment, forest machines, rigid dump trucks, compaction equipment, cranes and foundation machines, double-front work machines, and mine management systems, as well as various used equipment and attachments.

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