Obayashi (OTCMKTS:OBYCF) Reaches New 52-Week High - Should You Buy?

Key Points

• Obayashi Corporation's stock reached a new 52-week high of $16.45, significantly up from its previous close of $15.00, with a trading volume of 108 shares.
• Despite reporting a revenue of $4.93 billion for the quarter, Obayashi's earnings per share (EPS) of $0.23 fell short of the consensus estimate of $0.39.
• The company's market cap is currently valued at $11.87 billion, with a PE ratio of 12.37 and a low debt-to-equity ratio of 0.22.

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $16.45 and last traded at $16.45, with a volume of 108 shares traded. The stock had previously closed at $15.00.

Obayashi Price Performance

The company has a 50 day moving average price of $14.98 and a 200 day moving average price of $14.07. The firm has a market cap of $11.87 billion, a PE ratio of 12.37 and a beta of 0.42. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.16). Obayashi had a return on equity of 7.47% and a net margin of 5.57%. The firm had revenue of $4.93 billion for the quarter, compared to analysts' expectations of $3.87 billion.

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.

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