Obayashi (OTCMKTS:OBYCF) Sees Large Volume Increase – What’s Next?

Shares of Obayashi Corporation (OTCMKTS:OBYCF) saw an uptick in trading volume on Friday . 383 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 349 shares.The stock last traded at $20.3750 and had previously closed at $20.40.

Obayashi Stock Performance

The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 0.22. The firm’s 50 day simple moving average is $17.48 and its 200 day simple moving average is $16.18. The firm has a market cap of $14.78 billion, a PE ratio of 12.89 and a beta of 0.34.

Obayashi (OTCMKTS:OBYCF) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.12. Obayashi had a net margin of 6.64% and a return on equity of 9.41%. The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.53 billion.

About Obayashi

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.