Sekisui House (OTCMKTS:SKHSY) Shares Pass Below 200-Day Moving Average – Here’s Why

Sekisui House Ltd. (OTCMKTS:SKHSY) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.16 and traded as low as $21.21. Sekisui House shares last traded at $21.21, with a volume of 24,802 shares trading hands.

Sekisui House Price Performance

The stock has a market cap of $14.06 billion, a price-to-earnings ratio of 10.40 and a beta of 0.49. The company’s 50 day moving average is $22.09 and its 200 day moving average is $22.16. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.54 and a quick ratio of 2.53.

Sekisui House (OTCMKTS:SKHSY) last issued its earnings results on Wednesday, September 3rd. The construction company reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. Sekisui House had a net margin of 4.67% and a return on equity of 10.07%. The company had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.44 billion.

About Sekisui House

Sekisui House, Ltd. designs, constructs, and contracts built-to-order detached houses in Japan and internationally. The company operates through Custom Detached Houses, Rental Housing, Architectural/Civil Engineering, Remodeling, Real Estate Management Fees, Houses For Sale, Condominiums, Urban Redevelopment, and Overseas segments.