Daito Trust Construction (OTCMKTS:DIFTY) Shares Gap Up – Here’s What Happened

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $4.73, but opened at $4.92. Daito Trust Construction shares last traded at $4.92, with a volume of 4,419 shares.

Daito Trust Construction Price Performance

The company’s fifty day moving average is $5.20 and its 200 day moving average is $5.24. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 0.38. The stock has a market cap of $6.77 billion, a PE ratio of 9.83 and a beta of 0.32.

Daito Trust Construction (OTCMKTS:DIFTY) last released its quarterly earnings data on Friday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $3.01 billion for the quarter.

Daito Trust Construction Company Profile

Daito Trust Construction Co, Ltd. is a Japanese real estate and construction company that develops, builds and manages rental housing and other income-producing properties. Its projects include apartments, rental homes, commercial facilities and related buildings designed for landowners and property investors.

The company provides an integrated range of services, including construction planning, property leasing, tenant brokerage, rental-property management and building maintenance. Through its master-lease and management services, Daito Trust helps property owners operate rental buildings and secure tenants over the life of a project.

Founded in 1974 and headquartered in Tokyo, Daito Trust primarily serves customers throughout Japan through its nationwide operating network and group companies.