Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Down – Here’s Why

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) gapped down prior to trading on Wednesday . The stock had previously closed at $34.46, but opened at $32.7301. Daiwa House Industry shares last traded at $33.8399, with a volume of 2,353 shares.

Daiwa House Industry Price Performance

The firm has a market capitalization of $22.47 billion, a price-to-earnings ratio of 10.35 and a beta of 0.36. The business’s 50-day moving average price is $33.57 and its 200 day moving average price is $34.55.

Daiwa House Industry (OTCMKTS:DWAHY) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.18). The company had revenue of $8.65 billion for the quarter, compared to analysts’ expectations of $9.57 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.