Obayashi (OTCMKTS:OBYCF) Sets New 12-Month High – Here’s Why

Obayashi Corporation (OTCMKTS:OBYCF) hit a new 52-week high during trading on Wednesday . The company traded as high as $18.7510 and last traded at $18.7510, with a volume of 121 shares trading hands. The stock had previously closed at $17.15.

Obayashi Price Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.19 and a current ratio of 1.23. The stock has a market capitalization of $13.53 billion, a PE ratio of 14.65 and a beta of 0.34. The company’s fifty day simple moving average is $16.88 and its two-hundred day simple moving average is $15.79.

Obayashi (OTCMKTS:OBYCF) last released its quarterly earnings results on Friday, August 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). Obayashi had a net margin of 5.35% and a return on equity of 7.36%. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.97 billion.

Obayashi Company Profile

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.