Positive Press Coverage Unlikely to Impact Hitachi (HTHIY) Share Price

Headlines about Hitachi (OTCMKTS:HTHIY) have been trending positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hitachi earned a daily sentiment score of 2.83 on their scale. InfoTrie also gave news articles about the conglomerate an news buzz score of 3 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock’s share price in the near term.

OTCMKTS:HTHIY opened at $53.29 on Thursday. Hitachi has a twelve month low of $51.25 and a twelve month high of $85.54. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.35 and a quick ratio of 0.96. The company has a market cap of $25.60 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 0.50 and a beta of 0.96.

Separately, Zacks Investment Research downgraded shares of Hitachi from a “buy” rating to a “sell” rating in a research report on Wednesday, September 26th.

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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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