Daiwa House Industry (OTCMKTS:DWAHY) Shares Up 2.3% - Should You Buy?

Key Points

• Daiwa House Industry shares rose 2.3% recently, trading between $34.85 and $36.14, despite a 29% decrease in trading volume compared to average levels.
• The company reported earnings of $0.84 EPS for the last quarter, surpassing the analysts' expectation of $0.81, while revenue fell short of estimates at $8.76 billion.
• Daiwa House Industry operates in various construction segments and has a market capitalization of $22.99 billion with a P/E ratio of 10.56.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report)'s stock price was up 2.3% on Monday . The stock traded as high as $36.14 and last traded at $34.85. Approximately 15,734 shares traded hands during trading, a decline of 29% from the average daily volume of 22,192 shares. The stock had previously closed at $34.08.

Daiwa House Industry Stock Performance

The company's 50-day moving average price is $35.80 and its 200 day moving average price is $34.87. The stock has a market capitalization of $22.99 billion, a P/E ratio of 10.56 and a beta of 0.44.

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

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