Shimizu (OTCMKTS:SHMUY) Sets New 52-Week Low – Here’s Why

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY – Get Free Report) shares reached a new 52-week low during trading on Friday. The stock traded as low as $49.66 and last traded at $49.66, with a volume of 121 shares trading hands. The stock had previously closed at $56.00.

Shimizu Stock Performance

The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 7.65 and a beta of 0.08. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average is $58.51 and its two-hundred day moving average is $68.22.

About Shimizu

(Get Free Report)

Shimizu Corporation is a Japan-based construction and engineering company that provides services for building, civil engineering, infrastructure development and related projects. Its activities include the design, planning, construction and maintenance of offices, commercial facilities, residential properties, hospitals, schools, factories, transportation infrastructure and other large-scale structures.

The company also operates in real estate development and investment, including the development and management of properties and urban projects.

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