Daito Trust Construction (OTCMKTS:DIFTY) Stock Jumps 5.1% – Time to Buy?

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) shares rose 5.1% during trading on Friday. The stock traded as high as $5.0750 and last traded at $5.0750. 3,289 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 136,780 shares. The stock had previously closed at $4.83.

Daito Trust Construction Trading Down 1.2%

The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 0.38. The firm’s 50 day simple moving average is $5.16 and its two-hundred day simple moving average is $5.20. The stock has a market cap of $6.93 billion, a P/E ratio of 10.06 and a beta of 0.32.

Daito Trust Construction (OTCMKTS:DIFTY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $3.01 billion during the quarter.

Daito Trust Construction Company Profile

Daito Trust Construction Co, Ltd. is a Japanese real estate and construction company that develops, builds and manages rental housing and other income-producing properties. Its projects include apartments, rental homes, commercial facilities and related buildings designed for landowners and property investors.

The company provides an integrated range of services, including construction planning, property leasing, tenant brokerage, rental-property management and building maintenance. Through its master-lease and management services, Daito Trust helps property owners operate rental buildings and secure tenants over the life of a project.

Founded in 1974 and headquartered in Tokyo, Daito Trust primarily serves customers throughout Japan through its nationwide operating network and group companies.