Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $19.08, but opened at $20.0625. Obayashi shares last traded at $20.0625, with a volume of 326 shares trading hands.
Obayashi Stock Up 8.5%
The stock’s 50-day moving average price is $19.91 and its two-hundred day moving average price is $22.44. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $14.18 billion, a P/E ratio of 12.01 and a beta of 0.18.
About Obayashi
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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