Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report) was down 3.5% during mid-day trading on Tuesday. The company traded as low as $16.89 and last traded at $16.89. Approximately 268 shares changed hands during trading, a decline of 84% from the average session volume of 1,660 shares. The stock had previously closed at $17.51.
Obayashi Trading Down 8.8%
The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $11.94 billion, a P/E ratio of 9.13 and a beta of 0.16. The firm’s 50-day moving average price is $19.08 and its 200 day moving average price is $20.61.
About Obayashi
Obayashi Corporation is a Japan-based construction and engineering company headquartered in Tokyo. Founded in 1892, the company has grown into one of Japan’s major general contractors, providing services across building construction, civil engineering, infrastructure development and related technical fields.
Its building activities include offices, commercial facilities, residential properties, factories, hospitals, schools and other public-use structures. Its civil engineering operations cover transportation and urban infrastructure, including roads, railways, tunnels, bridges, dams and other large-scale projects.
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