Sekisui House (OTCMKTS:SKHSY) Shares Cross Below 200 Day Moving Average – Time to Sell?

Sekisui House Ltd. (OTCMKTS:SKHSY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.30 and traded as low as $20.53. Sekisui House shares last traded at $20.59, with a volume of 89,710 shares changing hands.

Analyst Upgrades and Downgrades

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

Sekisui House Trading Down 0.4%

The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.59. The company has a 50-day simple moving average of $21.43 and a 200 day simple moving average of $22.30. The firm has a market cap of $13.42 billion, a PE ratio of 7.92 and a beta of 0.37.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.