Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Here’s What Happened

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $15.80, but opened at $16.80. Obayashi shares last traded at $16.80, with a volume of 389 shares trading hands.

Obayashi Trading Up 1.8%

The company has a 50 day moving average price of $16.37 and a 200 day moving average price of $15.30. The firm has a market cap of $12.12 billion, a price-to-earnings ratio of 13.13 and a beta of 0.37. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.19 and a current ratio of 1.23.

Obayashi (OTCMKTS:OBYCFGet Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). Obayashi had a net margin of 5.35% and a return on equity of 7.36%. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.97 billion.

About Obayashi

(Get Free Report)

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.

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