Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s share price dropped 7.6% on Wednesday. The company traded as low as $16.6150 and last traded at $16.6150. 960 shares changed hands during trading, a decline of 42% from the average daily volume of 1,659 shares. The stock had previously closed at $17.9750.
Obayashi Stock Performance
The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.22 and a current ratio of 1.24. The firm’s 50 day moving average is $19.14 and its 200-day moving average is $20.71. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of 13.27 and a beta of 0.16.
About Obayashi
Obayashi Corporation is a Japan-based construction and engineering company that provides services for building, civil engineering, infrastructure development and related projects. Its work includes office buildings, commercial facilities, residential developments, transportation infrastructure, industrial facilities, energy projects and public works.
The company also engages in real estate development and related businesses, including the development, ownership and management of properties.
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