Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Up – Still a Buy?

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $33.38, but opened at $34.65. Daiwa House Industry shares last traded at $33.3050, with a volume of 1,126 shares trading hands.

Daiwa House Industry Price Performance

The stock has a market capitalization of $21.98 billion, a price-to-earnings ratio of 9.89 and a beta of 0.35. The business has a fifty day moving average of $34.66 and a 200 day moving average of $34.76.

Daiwa House Industry (OTCMKTS:DWAHY) last released its quarterly earnings results on Friday, February 13th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.42. The business had revenue of $9.17 billion for the quarter, compared to analysts’ expectations of $8.83 billion.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.