Sekisui House (OTCMKTS:SKHSY) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.21 and traded as low as $19.78. Sekisui House shares last traded at $19.89, with a volume of 118,712 shares changing hands.

Analyst Upgrades and Downgrades

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Sekisui House Trading Up 0.1%

The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.79 and a current ratio of 2.79. The company’s 50 day moving average is $21.11 and its 200 day moving average is $22.21. The stock has a market capitalization of $12.96 billion, a price-to-earnings ratio of 7.65 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.