Shimizu (OTCMKTS:SHMUY) Shares Gap Up - Here's What Happened

Key Points

• Shares gapped up premarket: Shimizu ADR opened at $76.405 (prior close $72.905) and was last at $76.405, up about 4.8% on light volume (572 shares).
• Valuation and balance-sheet snapshot: Market cap ~$12.92 billion with a P/E of 18.41, healthy liquidity (quick ratio 1.26, current ratio 1.27) and low leverage (debt-to-equity 0.34); 50-day MA is $85.43 versus a 200-day MA of $60.72.
• Company profile: Tokyo-based general contractor providing architectural design, construction, civil engineering and end-to-end project management for residential, commercial and infrastructure projects.

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $72.9050, but opened at $76.4050. Shimizu shares last traded at $76.4050, with a volume of 572 shares changing hands.

Shimizu Stock Up 4.8%

The firm has a 50 day moving average price of $85.43 and a two-hundred day moving average price of $60.72. The company has a quick ratio of 1.26, a current ratio of 1.27 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $12.92 billion, a price-to-earnings ratio of 18.41 and a beta of -0.04.

Shimizu Company Profile

Shimizu Corporation is a Tokyo‐headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in‐house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.

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