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Sekisui House (OTCMKTS:SKHSY) Shares Cross Above 50-Day Moving Average - Time to Sell?

Sekisui House logo with Construction background

Key Points

  • Sekisui House Ltd.'s stock price recently crossed above its 50-day moving average, trading at $23.57, indicative of potential upward momentum.
  • The company reported a net margin of 4.67% and matched analysts' expectations with an earnings per share (EPS) of $0.63 for the last quarter.
  • Nomura Securities has upgraded Sekisui House's stock rating to "hold", reflecting a cautious outlook according to prevailing analyst sentiment.
  • MarketBeat previews the top five stocks to own by November 1st.

Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.39 and traded as high as $23.66. Sekisui House shares last traded at $23.57, with a volume of 44,783 shares changing hands.

Analyst Ratings Changes

Separately, Nomura Securities raised Sekisui House to a "hold" rating in a report on Friday, June 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Sekisui House has a consensus rating of "Hold".

Read Our Latest Stock Analysis on SKHSY

Sekisui House Price Performance

The company has a market cap of $15.30 billion, a price-to-earnings ratio of 11.31 and a beta of 0.55. The company's 50 day moving average price is $22.54 and its 200 day moving average price is $22.33. The company has a current ratio of 2.54, a quick ratio of 2.37 and a debt-to-equity ratio of 0.62.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last posted its quarterly earnings results on Wednesday, September 3rd. The construction company reported $0.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.63. Sekisui House had a net margin of 4.67% and a return on equity of 10.07%. The firm had revenue of $7.57 billion during the quarter, compared to analysts' expectations of $7.44 billion.

Sekisui House Company Profile

(Get Free Report)

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.

Further Reading

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