Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Here’s What Happened

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $17.15, but opened at $18.75. Obayashi shares last traded at $18.75, with a volume of 231 shares traded.

Obayashi Price Performance

The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $13.53 billion, a PE ratio of 14.65 and a beta of 0.34. The firm’s 50 day simple moving average is $16.88 and its 200 day simple moving average is $15.81.

Obayashi (OTCMKTS:OBYCFGet Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). Obayashi had a return on equity of 7.36% and a net margin of 5.35%.The firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.97 billion.

Obayashi Company Profile

(Get Free Report)

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.

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