Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Here’s What Happened

Sekisui House Ltd. (OTCMKTS:SKHSY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $20.37, but opened at $19.7145. Sekisui House shares last traded at $20.08, with a volume of 7,511 shares traded.

Wall Street Analyst Weigh In

Separately, CLSA raised Sekisui House to a “strong-buy” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Sekisui House currently has a consensus rating of “Strong Buy”.

Sekisui House Stock Performance

The firm has a fifty day simple moving average of $21.66 and a 200-day simple moving average of $22.35. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.59. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 7.70 and a beta of 0.37.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.