Obayashi (OTCMKTS:OBYCF) Sees Strong Trading Volume – Here’s What Happened

Obayashi Corporation (OTCMKTS:OBYCF) shares saw strong trading volume on Tuesday . 21,131 shares changed hands during trading, an increase of 1,323% from the previous session’s volume of 1,485 shares.The stock last traded at $20.72 and had previously closed at $20.51.

Obayashi Stock Down 1.5%

The business has a 50-day moving average price of $20.26 and a 200-day moving average price of $22.97. The stock has a market cap of $14.29 billion, a PE ratio of 12.10 and a beta of 0.18. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.20.

Obayashi (OTCMKTS:OBYCF) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). The company had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.64 billion. Obayashi had a return on equity of 10.31% and a net margin of 6.70%.

Obayashi Company Profile

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.