Daiwa House Industry (OTCMKTS:DWAHY) Hits New 12-Month Low – Here’s Why

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $26.24 and last traded at $33.7080, with a volume of 4278 shares trading hands. The stock had previously closed at $34.38.

Daiwa House Industry Stock Down 1.9%

The business’s 50 day simple moving average is $33.67 and its two-hundred day simple moving average is $34.54. The stock has a market cap of $22.24 billion, a P/E ratio of 10.25 and a beta of 0.36.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Thursday, November 13th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.18). The company had revenue of $8.65 billion for the quarter, compared to analyst estimates of $9.57 billion.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.