Obayashi (OTCMKTS:OBYCF) Shares Gap Up – What’s Next?

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report) shares gapped up before the market opened on Monday. The stock had previously closed at $18.51, but opened at $19.7850. Obayashi shares last traded at $19.7850, with a volume of 469 shares trading hands.

Obayashi Stock Performance

The stock has a 50-day simple moving average of $19.12 and a 200-day simple moving average of $21.62. The stock has a market cap of $13.99 billion, a P/E ratio of 10.69 and a beta of 0.18. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 1.22.

About Obayashi

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Obayashi Corporation is a Japanese construction and engineering company that provides building construction, civil engineering and related services. Its projects include commercial and institutional buildings, transportation infrastructure, tunnels, bridges and other public works. Founded in Osaka in 1892, the company has grown into an international contractor. Its operations are centered in Japan, with construction and related business activities in markets including North America, Asia and Oceania.

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