Obayashi (OTCMKTS:OBYCF) Shares Gap Down – Here’s What Happened

Obayashi Corporation (OTCMKTS:OBYCF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $23.07, but opened at $20.1397. Obayashi shares last traded at $20.1397, with a volume of 19,100 shares.

Obayashi Trading Down 1.5%

The stock has a market cap of $14.35 billion, a price-to-earnings ratio of 12.16 and a beta of 0.21. 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 business has a 50-day simple moving average of $23.75 and a two-hundred day simple moving average of $22.93.

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

About Obayashi

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.