Sekisui House (OTCMKTS:SKHSY) Shares Pass Above 50-Day Moving Average – What’s Next?

Sekisui House Ltd. (OTCMKTS:SKHSY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $20.95 and traded as high as $21.49. Sekisui House shares last traded at $21.42, with a volume of 55,069 shares traded.

Analysts Set New Price Targets

Separately, CLSA upgraded shares of Sekisui House to a “strong-buy” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Sekisui House presently has a consensus rating of “Strong Buy”.

Sekisui House Trading Up 0.1%

The stock’s fifty day moving average price is $20.94 and its 200 day moving average price is $22.13. The stock has a market capitalization of $13.94 billion, a P/E ratio of 8.23 and a beta of 0.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.96 and a quick ratio of 2.95.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.