Sekisui House (OTCMKTS:SKHSY) Shares Gap Down – Should You Sell?

Sekisui House Ltd. (OTCMKTS:SKHSY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $22.03, but opened at $20.73. Sekisui House shares last traded at $20.73, with a volume of 216 shares changing hands.

Sekisui House Trading Down 1.4%

The firm has a market capitalization of $14.07 billion, a price-to-earnings ratio of 8.57 and a beta of 0.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.95 and a current ratio of 2.96. The company has a 50 day moving average price of $21.67 and a two-hundred day moving average price of $21.69.

Sekisui House (OTCMKTS:SKHSY) last released its quarterly earnings results on Thursday, September 10th. The construction company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The firm had revenue of $6.87 billion for the quarter, compared to analysts’ expectations of $6.85 billion. Sekisui House had a net margin of 6.15% and a return on equity of 11.24%.

About Sekisui House

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.