Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Time to Sell?

Sekisui House Ltd. (OTCMKTS:SKHSY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $22.03, but opened at $20.73. Sekisui House shares last traded at $20.73, with a volume of 216 shares.

Sekisui House Stock Performance

The company has a quick ratio of 2.95, a current ratio of 2.96 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average of $21.67 and a two-hundred day moving average of $21.69. The company has a market capitalization of $14.07 billion, a PE ratio of 8.57 and a beta of 0.37.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. Sekisui House had a net margin of 6.15% and a return on equity of 11.24%. The firm had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.85 billion.

Sekisui House Company Profile

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.