Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s stock price dropped 7.6% during mid-day trading on Wednesday. The stock traded as low as $16.6150 and last traded at $16.6150. 960 shares were traded during mid-day trading, a decline of 42% from the average session volume of 1,659 shares. The stock had previously closed at $17.9750.
Obayashi Price Performance
The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $11.75 billion, a P/E ratio of 8.98 and a beta of 0.16. The business’s 50 day simple moving average is $19.24 and its two-hundred day simple moving average is $20.80.
About Obayashi
Obayashi Corporation is a Japan-based construction and engineering company that provides services for building, civil engineering, infrastructure development and related projects. Its work includes office buildings, commercial facilities, residential developments, transportation infrastructure, industrial facilities, energy projects and public works.
The company also engages in real estate development and related businesses, including the development, ownership and management of properties.
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