Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Should You Sell?

Sekisui House Ltd. (OTCMKTS:SKHSY) shares gapped down prior to trading on Thursday. The stock had previously closed at $21.33, but opened at $20.45. Sekisui House shares last traded at $21.3110, with a volume of 10,242 shares changing hands.

Sekisui House Price Performance

The company has a quick ratio of 2.90, a current ratio of 2.91 and a debt-to-equity ratio of 0.55. The company has a market cap of $13.85 billion, a price-to-earnings ratio of 8.44 and a beta of 0.37. The stock’s 50-day simple moving average is $21.62 and its 200 day simple moving average is $21.52.

Sekisui House (OTCMKTS:SKHSY) last announced its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The business had revenue of $6.87 billion during the quarter, compared to analysts’ expectations of $6.85 billion. Sekisui House had a net margin of 6.15% and a return on equity of 11.16%.

Sekisui House Company Profile

Sekisui House Ltd. is a Japan-based homebuilder and property developer that designs, constructs and manages residential and commercial properties. The company’s activities include detached houses, rental housing, condominiums, commercial buildings, urban development and residential remodeling. It also provides property management and related services for homeowners, landlords and real estate investors.

Founded in 1960, Sekisui House has built its business around industrialized housing systems and integrated services spanning planning, construction, sales and after-sales support.