Sekisui House (OTCMKTS:SKHSY) Sees Unusually-High Trading Volume – Here’s What Happened

Sekisui House Ltd. (OTCMKTS:SKHSY) shares saw an uptick in trading volume on Tuesday . 50,444 shares changed hands during trading, a decline of 12% from the previous session’s volume of 57,535 shares.The stock last traded at $22.3050 and had previously closed at $22.40.

Sekisui House Stock Down 0.2%

The firm has a market capitalization of $14.83 billion, a price-to-earnings ratio of 10.80 and a beta of 0.46. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average price of $21.91 and a 200 day moving average price of $22.07.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings results on Wednesday, December 3rd. The construction company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.07). Sekisui House had a net margin of 4.85% and a return on equity of 10.08%. The business had revenue of $5.93 billion for the quarter, compared to analyst estimates of $7.03 billion.

Sekisui House Company Profile

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.