Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Here’s What Happened

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report) 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 traded.

Obayashi Stock Performance

The company has a market capitalization of $13.24 billion, a price-to-earnings ratio of 11.54 and a beta of 0.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.23 and a quick ratio of 1.19. The stock has a 50 day moving average price of $17.08 and a two-hundred day moving average price of $15.95.

Obayashi (OTCMKTS:OBYCFGet Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.12. The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.53 billion. Obayashi had a net margin of 6.64% and a return on equity of 9.41%.

About Obayashi

(Get Free Report)

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.

Further Reading

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