Daito Trust Construction (OTCMKTS:DIFTY) Shares Gap Up – Still a Buy?

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY – Get Free Report) shares gapped up before the market opened on Monday. The stock had previously closed at $4.82, but opened at $5.3320. Daito Trust Construction shares last traded at $5.3320, with a volume of 353 shares.

Daito Trust Construction Stock Up 2.7%

The company has a market capitalization of $7.39 billion, a PE ratio of 10.72 and a beta of 0.29. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $5.16 and a 200 day moving average of $5.27.

Daito Trust Construction (OTCMKTS:DIFTY – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.13 earnings per share for the quarter. The business had revenue of $3.01 billion during the quarter.

Daito Trust Construction Company Profile

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Daito Trust Construction Co, Ltd. is a Japanese company focused on construction, real estate, and property management. It develops and builds rental apartment buildings and other properties, primarily for landowners seeking to generate income from their real estate assets.

The company’s services extend beyond construction and include rental-property master leasing, tenant recruitment, leasing administration, building maintenance, and property management. Through its integrated model, Daito Trust Construction supports property owners throughout the development and operation of rental housing and related facilities.

Founded in Japan in 1974, the company serves customers primarily in the domestic Japanese market through its network of offices and group companies.

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