Shimizu (OTCMKTS:SHMUY) Shares Gap Up – Still a Buy?

Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $63.40, but opened at $65.78. Shimizu shares last traded at $65.78, with a volume of 326 shares traded.

Shimizu Stock Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a fifty day simple moving average of $74.90 and a two-hundred day simple moving average of $67.08. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 13.42 and a beta of -0.02.

Shimizu (OTCMKTS:SHMUY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.99 earnings per share for the quarter. Shimizu had a return on equity of 5.77% and a net margin of 6.11%.The firm had revenue of $4.01 billion during the quarter.

Shimizu Company Profile

Shimizu Corporation is a Tokyo?headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in?house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.