Sekisui House (OTCMKTS:SKHSY) Stock Jumps 6.1% – Still a Buy?

Sekisui House Ltd. (OTCMKTS:SKHSY – Get Free Report)’s stock price rose 6.1% during trading on Friday. The stock traded as high as $22.22 and last traded at $22.22. Approximately 5,321 shares were traded during mid-day trading, a decline of 94% from the average session volume of 86,721 shares. The stock had previously closed at $20.95.

Sekisui House Stock Performance

The company’s 50-day simple moving average is $21.49 and its 200 day simple moving average is $21.48. The stock has a market cap of $13.79 billion, a P/E ratio of 8.40 and a beta of 0.40. The company has a current ratio of 2.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.55.

Sekisui House (OTCMKTS:SKHSY – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The company had revenue of $6.87 billion during the quarter, compared to the consensus estimate of $6.85 billion. Sekisui House had a return on equity of 11.16% and a net margin of 6.15%.

Sekisui House Company Profile

(Get Free Report)

Sekisui House Ltd. is a Japan-based homebuilder and property developer that designs, constructs and manages residential and commercial properties. The company’s activities include detached houses, rental housing, condominiums, commercial buildings, urban development and residential remodeling. It also provides property management and related services for homeowners, landlords and real estate investors.

Founded in 1960, Sekisui House has built its business around industrialized housing systems and integrated services spanning planning, construction, sales and after-sales support.

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