Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Time to Sell?

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY) gapped down prior to trading on Thursday. The stock had previously closed at $21.33, but opened at $20.45. Sekisui House shares last traded at $21.3110, with a volume of 10,242 shares trading hands.

Sekisui House Trading Down 0.3%

The company has a 50 day moving average of $21.62 and a 200-day moving average of $21.52. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.90 and a current ratio of 2.91. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 8.44 and a beta of 0.37.

Sekisui House (OTCMKTS:SKHSY) last released its earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. The company had revenue of $6.87 billion during the quarter, compared to the consensus estimate of $6.85 billion. Sekisui House had a return on equity of 11.16% and a net margin of 6.15%.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilder and property developer that designs, constructs and manages residential and commercial properties. The company’s activities include detached houses, rental housing, condominiums, commercial buildings, urban development and residential remodeling. It also provides property management and related services for homeowners, landlords and real estate investors.

Founded in 1960, Sekisui House has built its business around industrialized housing systems and integrated services spanning planning, construction, sales and after-sales support.