Sekisui House (OTCMKTS:SKHSY) Shares Gap Up - What's Next?

Key Points

• Shares of Sekisui House gapped up from $22.76 to $23.87 before trading, but later last traded at $22.40 with a volume of 30,868 shares.
• Analysts at Nomura Securities upgraded Sekisui House to a "hold" rating on June 6th, indicating a cautious outlook.
• The company reported a missed earnings estimate for the quarter, with an EPS of $0.33 compared to the consensus of $0.57, alongside revenue of $6.25 billion against an expected $6.95 billion.

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $22.76, but opened at $23.87. Sekisui House shares last traded at $22.40, with a volume of 30,868 shares traded.

Analyst Ratings Changes

Separately, Nomura Securities raised shares of Sekisui House to a "hold" rating in a research report on Friday, June 6th.

Sekisui House Stock Performance

The firm has a market capitalization of $15.07 billion, a price-to-earnings ratio of 11.19 and a beta of 0.56. The stock's fifty day moving average is $21.60 and its two-hundred day moving average is $22.28. The company has a quick ratio of 2.37, a current ratio of 2.38 and a debt-to-equity ratio of 0.61.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The construction company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.24). Sekisui House had a return on equity of 9.88% and a net margin of 4.78%. The company had revenue of $6.25 billion for the quarter, compared to the consensus estimate of $6.95 billion.

About Sekisui House

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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