Sekisui House (OTCMKTS:SKHSY) Shares Gap Up – Here’s What Happened

Sekisui House Ltd. (OTCMKTS:SKHSY) gapped up before the market opened on Friday . The stock had previously closed at $19.93, but opened at $21.33. Sekisui House shares last traded at $21.33, with a volume of 291 shares trading hands.

Analyst Upgrades and Downgrades

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a research note on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Sekisui House Stock Performance

The company has a market capitalization of $13.71 billion, a P/E ratio of 8.09 and a beta of 0.37. The stock’s fifty day moving average price is $21.07 and its 200-day moving average price is $22.20. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.79 and a current ratio of 2.96.

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.