Obayashi (OTCMKTS:OBYCF) Shares Gap Down – Time to Sell?

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $19.81, but opened at $18.7180. Obayashi shares last traded at $18.7180, with a volume of 941 shares changing hands.

Obayashi Price Performance

The firm has a fifty day moving average of $19.64 and a 200 day moving average of $21.39. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $13.23 billion, a P/E ratio of 10.12 and a beta of 0.17.

About Obayashi

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Obayashi Corporation is a Japan-based construction and engineering company that provides building construction, civil engineering and infrastructure development services. Its projects include office buildings, commercial and residential properties, hospitals, schools, transportation facilities, tunnels, bridges, dams and other large-scale public and private infrastructure.

Founded in Osaka in 1892, Obayashi has grown into one of Japan’s major general contractors. In addition to construction, the company is involved in urban development, real estate, building management and engineering services.

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