Obayashi (OTCMKTS:OBYCF) Trading Up 12% – Should You Buy?

Obayashi Corporation (OTCMKTS:OBYCF)’s share price was up 12% during trading on Friday . The company traded as high as $24.2650 and last traded at $24.2650. Approximately 433 shares traded hands during trading, a decline of 64% from the average daily volume of 1,208 shares. The stock had previously closed at $21.66.

Obayashi Price Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.19 and a current ratio of 1.24. The firm has a fifty day simple moving average of $24.96 and a two-hundred day simple moving average of $22.02. The firm has a market cap of $17.15 billion, a PE ratio of 14.11 and a beta of 0.28.

Obayashi (OTCMKTS:OBYCF) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.11. The business had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.06 billion. Obayashi had a return on equity of 9.60% and a net margin of 7.06%.

About Obayashi

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.