Sekisui House (OTCMKTS:SKHSY) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Sekisui House shares fell below their 200-day moving average on Thursday, trading as low as $21.66 versus a 200-day average of $22.47. The stock was last seen at $21.70, down about 1.8%.
• Analyst sentiment remains generally positive, with CLSA upgrading the stock to “strong-buy” and MarketBeat showing a consensus rating of “Buy.”
• Recent earnings missed expectations, as the company reported $0.84 EPS versus the $0.92 estimate and revenue of $8.03 billion versus the expected $8.51 billion.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.47 and traded as low as $21.66. Sekisui House shares last traded at $21.70, with a volume of 86,137 shares trading hands.

Analyst Ratings Changes

Separately, CLSA upgraded Sekisui House to a "strong-buy" rating in a report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Sekisui House currently has a consensus rating of "Buy".

Sekisui House Stock Down 1.8%

The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $22.44 and a two-hundred day simple moving average of $22.47. The company has a market cap of $14.14 billion, a PE ratio of 9.12 and a beta of 0.38.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last released its earnings results on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.08). The business had revenue of $8.03 billion for the quarter, compared to analysts' expectations of $8.51 billion. Sekisui House had a return on equity of 10.82% and a net margin of 5.51%.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.

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