Daiwa House Industry (OTCMKTS:DWAHY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Daiwa House Industry saw a trading volume decrease of 20% with approximately 18,005 shares traded, and the stock closed at $37.55.
• In its latest earnings report, Daiwa House Industry reported $0.84 earnings per share, exceeding analysts' estimates of $0.81, while revenue of $8.76 billion fell short of the expected $8.93 billion.
• The company has a market capitalization of $24.35 billion and operates across various segments, including Detached Houses and Rental Housing.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 18,005 shares changed hands during trading, a decline of 20% from the previous session's volume of 22,645 shares.The stock last traded at $37.55 and had previously closed at $37.18.

Daiwa House Industry Trading Up 0.5%

The company has a 50-day moving average of $35.15 and a 200-day moving average of $34.59. The company has a market capitalization of $24.60 billion, a price-to-earnings ratio of 11.30 and a beta of 0.44.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.03. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.93 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.