Shimizu (OTCMKTS:SHMUY) Shares Gap Down – Should You Sell?

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) gapped down prior to trading on Monday . The stock had previously closed at $79.2648, but opened at $68.4150. Shimizu shares last traded at $68.4150, with a volume of 667 shares changing hands.

Shimizu Price Performance

The company has a 50-day moving average of $75.36 and a 200 day moving average of $66.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market cap of $11.57 billion, a P/E ratio of 13.96 and a beta of -0.02.

Shimizu (OTCMKTS:SHMUY) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.99 earnings per share (EPS) for the quarter. The firm had revenue of $4.01 billion during the quarter. Shimizu had a return on equity of 5.77% and a net margin of 6.11%.

About Shimizu

Shimizu Corporation is a Tokyo?headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in?house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.