Obayashi (OTCMKTS:OBYCF) Shares Gap Down – Should You Sell?

Obayashi Corporation (OTCMKTS:OBYCF)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $21.12, but opened at $19.33. Obayashi shares last traded at $19.33, with a volume of 1,039 shares.

Obayashi Trading Down 8.5%

The stock has a market cap of $13.67 billion, a PE ratio of 11.57 and a beta of 0.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.19 and a current ratio of 1.24. The stock has a fifty day moving average price of $22.32 and a 200 day moving average price of $23.13.

Obayashi (OTCMKTS:OBYCF) last announced its earnings results on Tuesday, May 12th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). The company had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.64 billion. Obayashi had a return on equity of 10.48% and a net margin of 6.70%.

Obayashi Company Profile

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.