Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Down – Should You Sell?

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $33.17, but opened at $31.86. Daiwa House Industry shares last traded at $33.04, with a volume of 62 shares traded.

Daiwa House Industry Price Performance

The stock’s 50 day moving average is $33.93 and its two-hundred day moving average is $34.55. The stock has a market capitalization of $21.77 billion, a PE ratio of 10.03 and a beta of 0.35.

Daiwa House Industry (OTCMKTS:DWAHY) last posted its quarterly earnings results on Thursday, November 13th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.18). The business had revenue of $8.65 billion for the quarter, compared to the consensus estimate of $9.57 billion.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.