Sekisui House (OTCMKTS:SKHSY) Shares Gap Up – Should You Buy?

Sekisui House Ltd. (OTCMKTS:SKHSY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $22.55, but opened at $23.50. Sekisui House shares last traded at $23.50, with a volume of 2,357 shares traded.

Sekisui House Stock Up 2.9%

The firm has a 50 day moving average of $22.09 and a two-hundred day moving average of $22.19. The stock has a market capitalization of $15.55 billion, a PE ratio of 11.32 and a beta of 0.43. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62.

Sekisui House (OTCMKTS:SKHSY) last posted its earnings results on Wednesday, December 3rd. The construction company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.07). Sekisui House had a net margin of 4.85% and a return on equity of 10.08%. The firm had revenue of $5.93 billion during the quarter, compared to analyst estimates of $7.03 billion.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.