Shimizu (OTCMKTS:SHMUY) Stock Price Up 7.2% – Here’s Why

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) shot up 7.2% during trading on Tuesday. The stock traded as high as $53.25 and last traded at $53.25. 167 shares were traded during mid-day trading, a decline of 79% from the average session volume of 805 shares. The stock had previously closed at $49.66.

Shimizu Trading Down 2.5%

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. The business’s 50-day simple moving average is $58.10 and its two-hundred day simple moving average is $68.30. The stock has a market capitalization of $8.95 billion, a price-to-earnings ratio of 8.16 and a beta of 0.08.

Shimizu (OTCMKTS:SHMUY) last issued its earnings results on Monday, November 9th. The company reported $1.57 EPS for the quarter. The business had revenue of $3.64 billion for the quarter. Shimizu had a net margin of 8.11% and a return on equity of 9.00%.

About Shimizu

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.