Sekisui House (OTCMKTS:SKHSY) Sees Strong Trading Volume – Time to Buy?

Sekisui House Ltd. (OTCMKTS:SKHSY) shares saw strong trading volume on Friday . 694,383 shares changed hands during trading, an increase of 2,104% from the previous session’s volume of 31,505 shares.The stock last traded at $24.51 and had previously closed at $24.32.

Sekisui House Trading Up 0.8%

The firm has a market cap of $15.89 billion, a price-to-earnings ratio of 11.85 and a beta of 0.43. The firm’s 50-day moving average is $22.85 and its 200-day moving average is $22.48. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings data on Wednesday, December 3rd. The construction company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.07). The business had revenue of $5.93 billion for the quarter, compared to analyst estimates of $7.03 billion. Sekisui House had a return on equity of 10.08% and a net margin of 4.85%.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.