Sekisui House (OTCMKTS:SKHSY) Shares Gap Up – Time to Buy?

Sekisui House Ltd. (OTCMKTS:SKHSY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $20.41, but opened at $21.40. Sekisui House shares last traded at $20.9050, with a volume of 12,343 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Sekisui House presently has an average rating of “Strong Buy”.

Sekisui House Stock Performance

The stock has a 50 day moving average of $21.69 and a 200 day moving average of $22.35. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 7.63 and a beta of 0.37.

Sekisui House (OTCMKTS:SKHSY) last posted its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). The company had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a return on equity of 11.40% and a net margin of 6.09%.

About Sekisui House

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.