Daiwa House Industry (OTCMKTS:DWAHY – Get Free Report) posted its earnings results on Wednesday. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.82, Zacks reports.
Daiwa House Industry Stock Down 5.8%
Shares of OTCMKTS DWAHY traded down $1.75 during trading on Wednesday, reaching $28.65. 62,192 shares of the stock were exchanged, compared to its average volume of 61,709. The business’s 50-day moving average price is $31.65 and its 200 day moving average price is $33.35. Daiwa House Industry has a twelve month low of $26.24 and a twelve month high of $38.72. The company has a market capitalization of $18.90 billion, a price-to-earnings ratio of 8.50 and a beta of 0.35.
About Daiwa House Industry
Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.
Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.
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