Obayashi (OTCMKTS:OBYCF) Shares Gap Down - What's Next?

Key Points

• Obayashi Corporation's stock price gapped down from $16.00 to $15.37 during the Monday market opening, with a trading volume of only 156 shares.
• The company reported earnings per share (EPS) of $0.09 for the last quarter, missing analysts' expectations of $0.16, alongside revenue of $3.63 billion versus the estimated $3.97 billion.
• Obayashi has a market cap of $11.33 billion and a PE ratio of 12.27, indicating a stable financial status with a low beta of 0.42.

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $16.00, but opened at $15.37. Obayashi shares last traded at $15.37, with a volume of 156 shares trading hands.

Obayashi Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.25 and a quick ratio of 1.21. The company has a market cap of $11.33 billion, a PE ratio of 12.27 and a beta of 0.42. The company has a 50-day moving average price of $15.13 and a two-hundred day moving average price of $14.24.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.07). The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.97 billion. Obayashi had a net margin of 5.35% and a return on equity of 7.42%.

About Obayashi

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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