Obayashi (OTCMKTS:OBYCF) Stock Jumps 6.1% – Here’s Why

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s share price rose 6.1% on Wednesday. The company traded as high as $19.63 and last traded at $19.63. 580 shares traded hands during trading, a decline of 66% from the average session volume of 1,695 shares. The stock had previously closed at $18.50.

Obayashi Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.22 and a current ratio of 1.24. The stock has a market capitalization of $12.80 billion, a PE ratio of 9.78 and a beta of 0.16. The business has a 50 day moving average of $19.39 and a two-hundred day moving average of $20.94.

Obayashi Company Profile

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Obayashi Corporation is a Japan-based construction and engineering company that provides services for building, civil engineering, infrastructure development and related projects. Its work includes office buildings, commercial facilities, residential developments, transportation infrastructure, industrial facilities, energy projects and public works.

The company also engages in real estate development and related businesses, including the development, ownership and management of properties.

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