Hitachi Ltd. (HTHIY) Rating Increased to Hold at Zacks Investment Research

Hitachi Ltd. (OTCMKTS:HTHIY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released 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 Hitachi (OTCMKTS:HTHIY) opened at 48.38 on Tuesday. The stock’s 50 day moving average is $47.29 and its 200-day moving average is $45.59. The stock has a market cap of $23.36 billion, a price-to-earnings ratio of 13.90 and a beta of 1.28. Hitachi has a 1-year low of $38.12 and a 1-year high of $60.83.

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