Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Time to Buy?

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $20.60, but opened at $22.6550. Obayashi shares last traded at $22.6550, with a volume of 148 shares traded.

Obayashi Stock Down 4.2%

The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.22. The stock has a market cap of $14.63 billion, a P/E ratio of 12.40 and a beta of 0.21. The company’s 50 day moving average price is $23.55 and its two-hundred day moving average price is $23.03.

Obayashi (OTCMKTS:OBYCFGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). Obayashi had a return on equity of 10.48% and a net margin of 6.70%.The firm had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.64 billion.

About Obayashi

(Get Free Report)

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.

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