Hitachi Reaches New 52-Week High (HIT) - TheStreet

NEW YORK (

TheStreet

) --

Hitachi

(NYSE:

HIT

) hit a new 52-week high Tuesday as it is currently trading at $63.44, above its previous 52-week high of $63.17 with 8,582 shares traded as of 9:35 a.m. ET. Average volume has been 60,800 shares over the past 30 days.

Hitachi has a market cap of $25.19 billion and is part of the

consumer goods

sector and

consumer durables

industry. Shares are up 21% year to date as of the close of trading on Monday.

Hitachi, Ltd. manufactures and sells electronic and electrical products primarily in Asia, North America, and Europe.

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TheStreet Ratings rates Hitachi as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full

Hitachi Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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