Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Should You Buy?

Obayashi Corporation (OTCMKTS:OBYCF)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $17.46, but opened at $18.53. Obayashi shares last traded at $18.53, with a volume of 157 shares.

Obayashi Stock Up 5.1%

The stock has a market capitalization of $13.24 billion, a PE ratio of 11.54 and a beta of 0.34. The firm’s fifty day moving average is $17.08 and its 200-day moving average is $15.95. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.22.

Obayashi (OTCMKTS:OBYCF) last posted its earnings results on Monday, November 10th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.12. Obayashi had a return on equity of 9.41% and a net margin of 6.64%.The firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.53 billion.

Obayashi Company Profile

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.