Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Up - What's Next?

Key Points

• Daiwa House Industry Co., Ltd. shares experienced a significant gap up, opening at $37.56 after a previous close of $36.42, although they last traded at $36.03.
• The company reported earnings of $0.84 per share, exceeding analysts' expectations of $0.81, but fell short on revenue with $8.76 billion compared to the forecast of $8.93 billion.
• Daiwa House operates in various segments including Detached Houses, Rental Housing, and Commercial Facilities, contributing to its market cap of $23.72 billion.

Shares of Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $36.42, but opened at $37.56. Daiwa House Industry shares last traded at $36.03, with a volume of 1,150 shares.

Daiwa House Industry Stock Down 1.5%

The company has a market cap of $23.33 billion, a PE ratio of 10.72 and a beta of 0.52. The business has a 50-day simple moving average of $34.51 and a 200-day simple moving average of $34.25.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $8.76 billion for the quarter, compared to analysts' expectations of $8.93 billion.

About Daiwa House Industry

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.