Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Here’s Why

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $19.30, but opened at $20.26. Obayashi shares last traded at $18.34, with a volume of 666 shares.

Obayashi Trading Down 5.0%

The firm’s 50 day simple moving average is $19.61 and its two-hundred day simple moving average is $21.16. The stock has a market capitalization of $12.97 billion, a P/E ratio of 9.91 and a beta of 0.16. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.20.

Obayashi Company Profile

(Get Free Report)

Obayashi Corporation is a Japan-based construction and engineering company that provides services for building, civil engineering, infrastructure development and related projects. Its work includes office buildings, commercial facilities, residential developments, transportation infrastructure, industrial facilities, energy projects and public works.

The company also engages in real estate development and related businesses, including the development, ownership and management of properties.

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