Obayashi (OTCMKTS:OBYCF) Reaches New 12-Month High – What’s Next?

Obayashi Corporation (OTCMKTS:OBYCF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.20 and last traded at $25.20, with a volume of 525 shares trading hands. The stock had previously closed at $23.61.

Obayashi Stock Up 5.5%

The company has a quick ratio of 1.24, a current ratio of 1.27 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $17.61 billion, a P/E ratio of 15.67 and a beta of 0.28. The company has a fifty day moving average price of $21.59 and a 200-day moving average price of $18.35.

Obayashi (OTCMKTS:OBYCF) last released its quarterly earnings results on Monday, November 10th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.12. Obayashi had a return on equity of 9.31% and a net margin of 6.64%.The business had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.53 billion.

About Obayashi

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.