Sekisui House (OTCMKTS:SKHSY) Sees Large Volume Increase – Time to Buy?

Sekisui House Ltd. (OTCMKTS:SKHSY) shares saw unusually-strong trading volume on Thursday . 69,993 shares were traded during mid-day trading, a decline of 20% from the previous session’s volume of 87,334 shares.The stock last traded at $21.15 and had previously closed at $21.35.

Sekisui House Price Performance

The firm has a market capitalization of $13.76 billion, a P/E ratio of 8.38 and a beta of 0.37. The business’s fifty day moving average is $21.66 and its 200 day moving average is $21.57. The company has a current ratio of 2.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.55.

Sekisui House (OTCMKTS:SKHSY) last issued its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. Sekisui House had a return on equity of 11.16% and a net margin of 6.15%.The firm had revenue of $6.87 billion for the quarter, compared to analysts’ expectations of $6.85 billion.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.