Sekisui House (OTCMKTS:SKHSY) Shares Gap Up – Here’s Why

Sekisui House Ltd. (OTCMKTS:SKHSY) gapped up prior to trading on Friday . The stock had previously closed at $19.93, but opened at $21.33. Sekisui House shares last traded at $21.33, with a volume of 291 shares traded.

Analyst Ratings Changes

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

Sekisui House Price Performance

The stock’s 50 day moving average price is $21.03 and its 200-day moving average price is $22.19. The company has a quick ratio of 2.79, a current ratio of 2.96 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $13.47 billion, a PE ratio of 7.95 and a beta of 0.37.

About Sekisui House

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.