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Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Up - Here's What Happened

Daiwa House Industry logo with Real Estate background

Key Points

  • Daiwa House Industry shares gapped up, opening at $37.55 after a previous close of $35.78, and last traded at $36.15 with a trading volume of 102 shares.
  • The company reported earnings of $0.84 per share for the quarter, exceeding analyst estimates of $0.81, although revenue fell short of expectations at $8.76 billion against an estimate of $8.93 billion.
  • Daiwa House Industry has a market capitalization of $23.85 billion and operates in multiple segments, including detached houses, rental housing, and commercial facilities.
  • Looking to export and analyze Daiwa House Industry data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $35.78, but opened at $37.55. Daiwa House Industry shares last traded at $36.15, with a volume of 102 shares trading hands.

Daiwa House Industry Stock Performance

The business's 50 day moving average is $34.08 and its 200-day moving average is $34.03. The stock has a market cap of $23.85 billion, a price-to-earnings ratio of 10.96 and a beta of 0.52.

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, topping 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

(Get Free Report)

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.

Further Reading

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