Sekisui House (OTCMKTS:SKHSY) Sees Large Volume Increase – Here’s Why

Sekisui House Ltd. (OTCMKTS:SKHSY) shares saw an uptick in trading volume on Wednesday . 54,729 shares traded hands during mid-day trading, an increase of 104% from the previous session’s volume of 26,888 shares.The stock last traded at $22.24 and had previously closed at $22.42.

Sekisui House Trading Down 0.6%

The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $21.93 and a 200-day moving average price of $22.14. The company has a market capitalization of $14.77 billion, a price-to-earnings ratio of 10.76 and a beta of 0.43.

Sekisui House (OTCMKTS:SKHSY) last announced its earnings results on Wednesday, December 3rd. The construction company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.07). Sekisui House had a net margin of 4.85% and a return on equity of 10.08%. The firm had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $7.03 billion.

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.