Obayashi (OTCMKTS:OBYCF) Shares Up 15.2% – Time to Buy?

Obayashi Corporation (OTCMKTS:OBYCF) shot up 15.2% during trading on Thursday . The company traded as high as $25.18 and last traded at $25.18. 237 shares were traded during trading, a decline of 79% from the average session volume of 1,148 shares. The stock had previously closed at $21.8650.

Obayashi Stock Up 0.5%

The company has a current ratio of 1.24, a quick ratio of 1.19 and a debt-to-equity ratio of 0.22. The firm has a market cap of $17.05 billion, a PE ratio of 14.02 and a beta of 0.21. The business’s 50-day simple moving average is $24.42 and its 200 day simple moving average is $22.53.

Obayashi (OTCMKTS:OBYCF) last posted its earnings results on Monday, February 9th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.11. Obayashi had a net margin of 7.06% and a return on equity of 9.60%. The business had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.06 billion.

Obayashi Company Profile

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.