Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY – Get Free Report)’s share price traded up 5.4% during mid-day trading on Friday. The company traded as high as $5.1220 and last traded at $5.08. 5,860 shares traded hands during trading, a decline of 96% from the average daily volume of 132,465 shares. The stock had previously closed at $4.82.
Daito Trust Construction Stock Up 7.3%
The business’s 50 day moving average price is $5.16 and its 200-day moving average price is $5.27. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.74 and a quick ratio of 2.74. The company has a market cap of $7.13 billion, a P/E ratio of 10.34 and a beta of 0.32.
Daito Trust Construction (OTCMKTS:DIFTY – Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $0.13 earnings per share for the quarter. The business had revenue of $3.01 billion during the quarter.
About Daito Trust Construction
Daito Trust Construction Co, Ltd. is a Japanese company focused on construction, real estate, and property management. It develops and builds rental apartment buildings and other properties, primarily for landowners seeking to generate income from their real estate assets.
The company’s services extend beyond construction and include rental-property master leasing, tenant recruitment, leasing administration, building maintenance, and property management. Through its integrated model, Daito Trust Construction supports property owners throughout the development and operation of rental housing and related facilities.
Founded in Japan in 1974, the company serves customers primarily in the domestic Japanese market through its network of offices and group companies.
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