Shimizu (OTCMKTS:SHMUY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) saw strong trading volume on Wednesday. 2,218 shares traded hands during mid-day trading, an increase of 163% from the average daily volume of 843 shares. The stock last traded at $54.51 and had previously closed at $54.30.

Shimizu Stock Performance

The stock has a 50 day moving average of $57.69 and a 200 day moving average of $68.46. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.31. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 7.73 and a beta of 0.08.

Shimizu (OTCMKTS:SHMUY) last announced its quarterly earnings data on Monday, November 9th. The company reported $1.57 earnings per share (EPS) for the quarter. Shimizu had a net margin of 8.46% and a return on equity of 12.55%. The firm had revenue of $3.64 billion for the quarter.

Shimizu Company Profile

Shimizu Corporation is a Japanese construction and engineering company with roots dating to 1804, when it was founded as a carpentry business in Edo, now Tokyo. It has since grown into a major contractor serving public- and private-sector clients. The company undertakes building construction and civil engineering projects, including commercial facilities, offices, housing, infrastructure and urban development. Its services also include project planning, design, engineering, construction management, real estate development and building maintenance.