Obayashi (OTCMKTS:OBYCF) Hits New 12-Month High - Here's What Happened

Key Points

• Obayashi Corporation's shares reached a new 52-week high of $17.88, closing at $17.30 with a trading volume of 557 shares.
• In its latest quarterly earnings report, Obayashi reported $0.09 earnings per share, falling short of the analysts' estimate of $0.16, and revenue of $3.63 billion against expected $3.97 billion.
• The company has a market cap of $12.48 billion and maintains a debt-to-equity ratio of 0.22, indicating a stable financial position.

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.88 and last traded at $17.30, with a volume of 557 shares changing hands. The stock had previously closed at $17.30.

Obayashi Trading Up 3.1%

The company has a market capitalization of $12.16 billion, a P/E ratio of 13.16 and a beta of 0.39. The company has a fifty day simple moving average of $15.72 and a two-hundred day simple moving average of $14.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.23 and a quick ratio of 1.19.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.07). The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.97 billion. Obayashi had a return on equity of 7.36% and a net margin of 5.35%.

Obayashi Company Profile

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, river works, urban civil engineering structures, railroads, and expressways.