Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Still a Buy?

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $19.10, but opened at $20.30. Obayashi shares last traded at $20.30, with a volume of 245 shares traded.

Obayashi Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 1.22. The firm has a fifty day simple moving average of $19.07 and a 200 day simple moving average of $21.76. The company has a market cap of $14.35 billion, a price-to-earnings ratio of 10.97 and a beta of 0.17.

Obayashi Company Profile

(Get Free Report)

Obayashi Corporation is a Japan-based construction and engineering company headquartered in Tokyo. Founded in 1892, the company has grown into one of Japan’s major general contractors, providing services across building construction, civil engineering, infrastructure development and related technical fields.

Its building activities include offices, commercial facilities, residential properties, factories, hospitals, schools and other public-use structures. Its civil engineering operations cover transportation and urban infrastructure, including roads, railways, tunnels, bridges, dams and other large-scale projects.

Further Reading

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