Shimizu (OTCMKTS:SHMUY) Shares Gap Down – What’s Next?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) shares gapped down before the market opened on Friday . The stock had previously closed at $63.3925, but opened at $60.8750. Shimizu shares last traded at $60.8750, with a volume of 301 shares traded.

Shimizu Stock Performance

The company has a market cap of $10.66 billion, a price-to-earnings ratio of 9.71 and a beta of 0.04. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The stock’s fifty day simple moving average is $62.60 and its 200 day simple moving average is $73.98.

Shimizu (OTCMKTS:SHMUY) last released its earnings results on Thursday, July 30th. The company reported $1.58 earnings per share for the quarter. The business had revenue of $3.03 billion for the quarter. Shimizu had a net margin of 8.11% and a return on equity of 9.00%.

About Shimizu

Shimizu Corporation is a Tokyo‐headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in‐house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.