Shimizu (OTCMKTS:SHMUY) Sets New 52-Week Low – What’s Next?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) shares reached a new 52-week low during trading on Wednesday. The company traded as low as $56.00 and last traded at $56.00, with a volume of 131 shares changing hands. The stock had previously closed at $67.00.

Shimizu Stock Performance

The stock’s fifty day moving average price is $62.71 and its two-hundred day moving average price is $70.10. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $9.47 billion, a PE ratio of 8.63 and a beta of 0.05.

Shimizu (OTCMKTS:SHMUY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.58 earnings per share (EPS) for the quarter. Shimizu had a return on equity of 9.00% and a net margin of 8.11%.The firm had revenue of $3.03 billion for the quarter.

Shimizu Company Profile

Shimizu Corporation is a Japan-based construction and engineering company that provides building construction, civil engineering, and related project development services. Its work spans office buildings, commercial and residential properties, hospitals, educational facilities, infrastructure, and other large-scale projects.

The company also offers design, engineering, construction management, facility operation, maintenance, and real estate development services. Its civil engineering activities include transportation infrastructure, urban development, environmental projects, and construction involving tunnels, bridges, dams, and other public works.

Founded in 1804 by Kisuke Shimizu, the company has grown from a traditional Japanese construction business into an international contractor serving clients in Japan and selected markets overseas.