Sekisui House (OTCMKTS:SKHSY) Shares Climb 6.1% – What’s Next?

Sekisui House Ltd. (OTCMKTS:SKHSY) shot up 6.1% during mid-day trading on Friday. The company traded as high as $22.22 and last traded at $22.22. Approximately 5,321 shares changed hands during trading, a decline of 94% from the average daily volume of 86,721 shares. The stock had previously closed at $20.95.

Sekisui House Trading Down 0.4%

The firm has a market cap of $13.79 billion, a P/E ratio of 8.40 and a beta of 0.40. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.91 and a quick ratio of 2.90. The stock has a 50 day moving average of $21.49 and a 200 day moving average of $21.48.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. Sekisui House had a return on equity of 11.16% and a net margin of 6.15%.The business had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.85 billion.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilder and property developer that designs, constructs and manages residential and commercial properties. The company’s activities include detached houses, rental housing, condominiums, commercial buildings, urban development and residential remodeling. It also provides property management and related services for homeowners, landlords and real estate investors.

Founded in 1960, Sekisui House has built its business around industrialized housing systems and integrated services spanning planning, construction, sales and after-sales support.