Sekisui House (OTCMKTS:SKHSY) Shares Gap Down - Time to Sell?

Key Points

• Sekisui House shares gapped down from a previous close of $23.33 to an opening of $22.55, with a trading volume of just 165 shares.
• Nomura Securities upgraded Sekisui House to a "hold" rating, reflecting an average analyst rating of "Hold" for the stock.
• The company reported $0.63 earnings per share for the quarter, meeting expectations, along with a revenue of $7.57 billion, surpassing analyst forecasts.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $23.33, but opened at $22.55. Sekisui House shares last traded at $22.55, with a volume of 165 shares traded.

Analyst Ratings Changes

Separately, Nomura Securities upgraded shares of Sekisui House to a "hold" rating in a report on Friday, June 6th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold".

Sekisui House Stock Performance

The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.37 and a current ratio of 2.38. The firm's 50 day moving average is $22.31 and its 200-day moving average is $22.29. The stock has a market capitalization of $15.54 billion, a price-to-earnings ratio of 11.49 and a beta of 0.55.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The construction company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. Sekisui House had a net margin of 4.67% and a return on equity of 10.16%. The firm had revenue of $7.57 billion during the quarter, compared to analysts' expectations of $7.44 billion.

Sekisui House Company Profile

Sekisui House, Ltd. designs, constructs, and contracts built-to-order detached houses in Japan and internationally. The company operates through Custom Detached Houses, Rental Housing, Architectural/Civil Engineering, Remodeling, Real Estate Management Fees, Houses For Sale, Condominiums, Urban Redevelopment, and Overseas segments.

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