Taisei (OTCMKTS:TISCY) Announces Earnings Results

Taisei (OTCMKTS:TISCY) announced its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01), Zacks reports.

Taisei Stock Down 1.5%

Shares of OTCMKTS:TISCY traded down $0.30 during trading on Thursday, reaching $19.36. 3,741 shares of the stock were exchanged, compared to its average volume of 2,083. The firm’s 50-day moving average price is $20.96 and its 200 day moving average price is $24.34. Taisei has a 12-month low of $16.50 and a 12-month high of $33.00.

About Taisei

Taisei Corporation, traded on the OTC Markets under the ticker TISCY, is one of Japan’s foremost general contractors and engineering firms. The company offers a broad range of services including civil engineering, building construction, urban development and environmental projects. Its portfolio spans large-scale infrastructure works such as tunnels, bridges and highways, as well as high-rise commercial and residential buildings designed to meet stringent seismic and sustainability standards.

Founded in 1873, Taisei has developed a reputation for pioneering construction techniques and adopting advanced technologies.