Shimizu (OTCMKTS:SHMUY) Stock Price Up 7.2% – Still a Buy?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) shares rose 7.2% during trading on Tuesday. The company traded as high as $53.25 and last traded at $53.25. Approximately 167 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 805 shares. The stock had previously closed at $49.66.

Shimizu Price Performance

The company has a 50 day moving average of $57.77 and a 200 day moving average of $68.40. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 7.73 and a beta of 0.08.

Shimizu (OTCMKTS:SHMUY) last posted its earnings results on Monday, November 9th. The company reported $1.57 earnings per share (EPS) for the quarter. Shimizu had a return on equity of 12.55% and a net margin of 8.46%. The firm had revenue of $3.64 billion during the quarter.

Shimizu Company Profile

Shimizu Corporation is a Japanese construction and engineering company with roots dating to 1804, when it was founded as a carpentry business in Edo, now Tokyo. It has since grown into a major contractor serving public- and private-sector clients. The company undertakes building construction and civil engineering projects, including commercial facilities, offices, housing, infrastructure and urban development. Its services also include project planning, design, engineering, construction management, real estate development and building maintenance.