Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – What’s Next?

Sekisui House Ltd. (OTCMKTS:SKHSYGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $21.27, but opened at $20.5950. Sekisui House shares last traded at $20.4510, with a volume of 46,686 shares changing hands.

Analyst Ratings Changes

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Sekisui House currently has an average rating of “Buy”.

View Our Latest Analysis on SKHSY

Sekisui House Trading Down 0.9%

The stock has a 50 day simple moving average of $22.11 and a 200-day simple moving average of $22.43. The firm has a market capitalization of $13.73 billion, a P/E ratio of 8.86 and a beta of 0.38. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.59.

Sekisui House (OTCMKTS:SKHSYGet Free Report) last released its quarterly earnings results on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). The firm had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.51 billion. Sekisui House had a net margin of 5.51% and a return on equity of 10.82%.

Sekisui House Company Profile

(Get Free Report)

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.

Further Reading

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