Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Up - Should You Buy?

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.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) 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 Trading Up 1.0%

The stock has a market cap of $24.02 billion, a P/E ratio of 11.04 and a beta of 0.52. The company has a 50 day simple moving average of $34.29 and a 200 day simple moving average of $34.14.

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