Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Here’s What Happened

Sekisui House Ltd. (OTCMKTS:SKHSY) gapped down prior to trading on Friday. The stock had previously closed at $21.44, but opened at $20.62. Sekisui House shares last traded at $21.5119, with a volume of 1,557 shares trading hands.

Sekisui House Stock Performance

The company has a current ratio of 2.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.55. The stock has a market cap of $14.05 billion, a P/E ratio of 8.56 and a beta of 0.40. The stock has a 50 day simple moving average of $21.48 and a 200 day simple moving average of $21.45.

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

Sekisui House Company Profile

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.