Shimizu (OTCMKTS:SHMUY) Shares Gap Down – Time to Sell?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $68.4150, but opened at $63.1650. Shimizu shares last traded at $63.1650, with a volume of 185 shares trading hands.

Shimizu Trading Down 7.7%

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a fifty day simple moving average of $72.11 and a 200-day simple moving average of $68.64. The firm has a market cap of $10.68 billion, a P/E ratio of 12.89 and a beta of -0.02.

Shimizu (OTCMKTS:SHMUY) last released its quarterly earnings data 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 for 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.