Hitachi (HTHIY) Upgraded to “Hold” at Zacks Investment Research

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Hitachi (OTCMKTS:HTHIY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.

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. “

Hitachi stock opened at $67.35 on Tuesday. The company has a market capitalization of $31.97 billion, a PE ratio of 9.10, a P/E/G ratio of 0.59 and a beta of 1.12. Hitachi has a 12-month low of $51.25 and a 12-month high of $80.64.

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.

Further Reading: Momentum Investing

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