Sekisui House (OTCMKTS:SKHSY) Shares Cross Below 200 Day Moving Average – Time to Sell?

Sekisui House Ltd. (OTCMKTS:SKHSY)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.59 and traded as low as $22.37. Sekisui House shares last traded at $22.55, with a volume of 60,052 shares.

Sekisui House Trading Down 4.4%

The firm has a market cap of $14.62 billion, a PE ratio of 10.89 and a beta of 0.42. The company has a 50-day simple moving average of $23.24 and a 200 day simple moving average of $22.59. 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 for the quarter, compared to analysts’ expectations 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.