Shimizu (OTCMKTS:SHMUY) Hits New 12-Month Low – Time to Sell?

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUYGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $72.3688 and last traded at $72.3688, with a volume of 270 shares trading hands. The stock had previously closed at $74.02.

Shimizu Stock Down 1.5%

The firm has a market cap of $12.33 billion, a P/E ratio of 17.57 and a beta of 0.12. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.27 and a quick ratio of 1.26. The company’s 50-day simple moving average is $87.27 and its 200 day simple moving average is $59.46.

About Shimizu

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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.

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