Obayashi (OTCMKTS:OBYCF) Trading Up 9.5% – Time to Buy?

Obayashi Corporation (OTCMKTS:OBYCFGet Free Report) shares were up 9.5% during mid-day trading on Wednesday . The company traded as high as $21.37 and last traded at $21.37. Approximately 293 shares changed hands during trading, a decline of 84% from the average session volume of 1,801 shares. The stock had previously closed at $19.51.

Obayashi Trading Up 9.5%

The company has a market capitalization of $15.11 billion, a P/E ratio of 11.55 and a beta of 0.17. The business has a 50 day moving average price of $19.75 and a 200 day moving average price of $21.91. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.20.

About Obayashi

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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.

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