Obayashi (OTCMKTS:OBYCF) Sets New 1-Year High – Here’s Why

Obayashi Corporation (OTCMKTS:OBYCF)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $21.98 and last traded at $20.81, with a volume of 2051 shares. The stock had previously closed at $21.25.

Obayashi Stock Down 2.1%

The firm’s 50-day simple moving average is $18.35 and its 200 day simple moving average is $16.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.24 and a current ratio of 1.27. The stock has a market capitalization of $15.01 billion, a P/E ratio of 13.09 and a beta of 0.24.

Obayashi (OTCMKTS:OBYCF) last released its earnings results on Monday, November 10th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.12. Obayashi had a return on equity of 9.31% and a net margin of 6.64%.The business had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.53 billion.

About Obayashi

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.