Shimizu (OTCMKTS:SHMUY) Shares Gap Down – Here’s Why

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $79.2648, but opened at $68.4150. Shimizu shares last traded at $68.4150, with a volume of 667 shares.

Shimizu Price Performance

The firm has a market cap of $11.57 billion, a P/E ratio of 13.96 and a beta of -0.02. The stock’s 50-day moving average is $75.36 and its 200-day moving average is $66.91. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.32.

Shimizu (OTCMKTS:SHMUY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.99 earnings per share for the quarter. Shimizu had a net margin of 6.11% and a return on equity of 5.77%. The firm had revenue of $4.01 billion during the quarter.

About Shimizu

Shimizu Corporation is a Tokyo‐headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in‐house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.