Sekisui House (OTCMKTS:SKHSY) Sets New 12-Month Low – Here’s Why

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $20.00 and last traded at $20.0384, with a volume of 70308 shares traded. The stock had previously closed at $20.66.

Analyst Ratings Changes

Separately, CLSA upgraded shares of Sekisui House to a “strong-buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Sekisui House presently has a consensus rating of “Strong Buy”.

Sekisui House Price Performance

The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 7.63 and a beta of 0.37. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.79 and a current ratio of 2.79. The company has a fifty day simple moving average of $21.69 and a two-hundred day simple moving average of $22.35.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings data on Thursday, March 5th. The construction company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.08). The company had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a net margin of 6.09% and a return on equity of 11.40%.

About Sekisui House

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.