Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Down – Should You Sell?

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHYGet Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $33.72, but opened at $32.25. Daiwa House Industry shares last traded at $33.4750, with a volume of 738 shares changing hands.

Daiwa House Industry Stock Up 1.5%

The stock has a market capitalization of $22.34 billion, a price-to-earnings ratio of 10.29 and a beta of 0.36. The company’s fifty day simple moving average is $33.65 and its 200 day simple moving average is $34.53.

Daiwa House Industry (OTCMKTS:DWAHYGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.18). The company had revenue of $8.65 billion for the quarter, compared to analyst estimates of $9.57 billion.

About Daiwa House Industry

(Get Free Report)

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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