Shimizu (OTCMKTS:SHMUY) Sees Large Volume Increase – Here’s Why

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY – Get Free Report) saw unusually-high trading volume on Wednesday. 2,218 shares changed hands during trading, an increase of 163% from the average daily volume of 843 shares. The stock last traded at $54.51 and had previously closed at $54.30.

Shimizu Trading Up 3.0%

The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 7.73 and a beta of 0.08. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.31. The business’s 50 day simple moving average is $57.92 and its 200 day simple moving average is $68.35.

Shimizu (OTCMKTS:SHMUY – Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported $1.57 EPS for the quarter. The company had revenue of $3.64 billion during the quarter. Shimizu had a net margin of 8.46% and a return on equity of 12.55%.

Shimizu Company Profile

(Get Free Report)

Shimizu Corporation is a Japanese construction and engineering company with roots dating to 1804, when it was founded as a carpentry business in Edo, now Tokyo. It has since grown into a major contractor serving public- and private-sector clients. The company undertakes building construction and civil engineering projects, including commercial facilities, offices, housing, infrastructure and urban development. Its services also include project planning, design, engineering, construction management, real estate development and building maintenance.

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