Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – What’s Next?

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY) gapped down prior to trading on Tuesday . The stock had previously closed at $22.03, but opened at $20.73. Sekisui House shares last traded at $20.73, with a volume of 216 shares traded.

Sekisui House Stock Down 0.4%

The company has a current ratio of 2.96, a quick ratio of 2.95 and a debt-to-equity ratio of 0.57. The business has a 50-day moving average price of $21.67 and a 200-day moving average price of $21.65. The firm has a market cap of $14.03 billion, a P/E ratio of 8.54 and a beta of 0.37.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings data on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. The firm had revenue of $6.87 billion during the quarter, compared to the consensus estimate of $6.85 billion. Sekisui House had a return on equity of 11.24% and a net margin of 6.15%.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.