Shimizu (OTCMKTS:SHMUY) Sees Large Volume Increase – Still a Buy?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) shares saw unusually-high trading volume on Tuesday . Approximately 5,146 shares traded hands during trading, an increase of 604% from the previous session’s volume of 731 shares.The stock last traded at $64.25 and had previously closed at $63.3925.

Shimizu Stock Performance

The stock has a 50-day simple moving average of $62.53 and a 200 day simple moving average of $73.20. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $10.87 billion, a PE ratio of 9.90 and a beta of 0.04.

Shimizu (OTCMKTS:SHMUY) last posted its earnings results on Thursday, July 30th. The company reported $1.58 earnings per share for the quarter. The company had revenue of $3.03 billion for the quarter. Shimizu had a return on equity of 9.00% and a net margin of 8.11%.

Shimizu Company Profile

Shimizu Corporation is a Tokyo‐headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in‐house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.