Obayashi (OTCMKTS:OBYCF) Sees Strong Trading Volume – Here’s Why

Shares of Obayashi Corporation (OTCMKTS:OBYCF) saw strong trading volume on Tuesday . 21,131 shares were traded during trading, an increase of 1,323% from the previous session’s volume of 1,485 shares.The stock last traded at $20.72 and had previously closed at $20.51.

Obayashi Trading Up 5.9%

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 1.22. The company has a market capitalization of $15.13 billion, a price-to-earnings ratio of 12.82 and a beta of 0.18. The business has a fifty day moving average price of $20.17 and a 200 day moving average price of $22.96.

Obayashi (OTCMKTS:OBYCF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.01). The company had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.64 billion. Obayashi had a return on equity of 10.31% and a net margin of 6.70%.

Obayashi Company Profile

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.