Sekisui House (OTCMKTS:SKHSY) Reaches New 12-Month Low – What’s Next?

Sekisui House Ltd. (OTCMKTS:SKHSY) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $20.00 and last traded at $20.0384, with a volume of 70308 shares traded. The stock had previously closed at $20.66.

Wall Street Analyst Weigh In

Separately, CLSA raised shares of Sekisui House to a “strong-buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Sekisui House Stock Performance

The firm has a fifty day simple moving average of $21.74 and a 200 day simple moving average of $22.36. The company has a market cap of $13.01 billion, a price-to-earnings ratio of 8.39 and a beta of 0.37. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.79 and a quick ratio of 2.79.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.08). The company had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a return on equity of 10.82% and a net margin of 5.51%.

About Sekisui House

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.