Daito Trust Construction (OTCMKTS:DIFTY) Shares Gap Down – Here’s What Happened

Shares of Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) gapped down prior to trading on Wednesday. The stock had previously closed at $5.24, but opened at $4.70. Daito Trust Construction shares last traded at $4.70, with a volume of 102 shares.

Daito Trust Construction Price Performance

The company has a market capitalization of $6.76 billion, a PE ratio of 9.80 and a beta of 0.32. The business has a 50-day moving average of $5.17 and a 200 day moving average of $5.27.

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

About Daito Trust Construction

Daito Trust Construction Co, Ltd. is a Japanese company focused on construction, real estate, and property management. It develops and builds rental apartment buildings and other properties, primarily for landowners seeking to generate income from their real estate assets.

The company’s services extend beyond construction and include rental-property master leasing, tenant recruitment, leasing administration, building maintenance, and property management. Through its integrated model, Daito Trust Construction supports property owners throughout the development and operation of rental housing and related facilities.

Founded in Japan in 1974, the company serves customers primarily in the domestic Japanese market through its network of offices and group companies.