Obayashi (OTCMKTS:OBYCF) Shares Gap Up – What’s Next?

Shares of Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $18.51, but opened at $19.7850. Obayashi shares last traded at $19.7850, with a volume of 469 shares.

Obayashi Stock Performance

The stock has a market cap of $13.99 billion, a P/E ratio of 10.69 and a beta of 0.18. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 1.22. The stock’s 50 day simple moving average is $19.08 and its two-hundred day simple moving average is $21.65.

Obayashi Company Profile

(Get Free Report)

Obayashi Corporation is a Japanese construction and engineering company that provides building construction, civil engineering and related services. Its projects include commercial and institutional buildings, transportation infrastructure, tunnels, bridges and other public works.

Founded in Osaka in 1892, the company has grown into an international contractor. Its operations are centered in Japan, with construction and related business activities in markets including North America, Asia and Oceania.

In addition to contracting, Obayashi engages in real estate and other businesses connected to urban development and infrastructure.

Further Reading

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