Obayashi (OTCMKTS:OBYCF) Trading Up 9.5% – Still a Buy?

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report)’s share price traded up 9.5% on Wednesday . The company traded as high as $21.37 and last traded at $21.37. 293 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,801 shares. The stock had previously closed at $19.51.

Obayashi Price Performance

The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.20. The stock’s 50-day moving average price is $19.75 and its 200 day moving average price is $21.91. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 11.55 and a beta of 0.17.

About Obayashi

(Get Free Report)

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.

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