Obayashi (OTCMKTS:OBYCF) Shares Up 2.2% - Still a Buy?

Key Points

• Obayashi Corporation's shares rose by 2.2%, reaching a trading price of $16.25 after previously closing at $15.91, with trading volume increasing significantly by 367%.
• The company reported a quarterly EPS of $0.09, missing analysts' expectations of $0.16, and generated $3.63 billion in revenue, below the projected $3.97 billion.
• Obayashi has a market cap of $11.72 billion, a debt-to-equity ratio of 0.22, and a PE ratio of 12.70, indicating stable financial health in the construction sector.

Obayashi Corporation (OTCMKTS:OBYCF - Get Free Report) shares shot up 2.2% during mid-day trading on Tuesday . The company traded as high as $17.04 and last traded at $16.25. 1,156 shares traded hands during trading, an increase of 367% from the average session volume of 248 shares. The stock had previously closed at $15.91.

Obayashi Trading Up 2.2%

The stock has a fifty day moving average of $16.25 and a 200-day moving average of $15.13. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.19 and a current ratio of 1.23. The company has a market cap of $11.72 billion, a PE ratio of 12.70 and a beta of 0.37.

Obayashi (OTCMKTS:OBYCF - Get Free Report) last posted 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). Obayashi had a net margin of 5.35% and a return on equity of 7.36%. The business had revenue of $3.63 billion for the quarter, compared to analysts' expectations of $3.97 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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