Obayashi (OTCMKTS:OBYCF) Shares Gap Up – Still a Buy?

by · The Markets Daily

Obayashi Corporation (OTCMKTS:OBYCF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $16.72, but opened at $19.55. Obayashi shares last traded at $19.55, with a volume of 563 shares trading hands.

Obayashi Stock Down 2.2%

The stock’s 50-day moving average is $19.06 and its 200-day moving average is $20.56. The stock has a market cap of $12.80 billion, a P/E ratio of 14.02 and a beta of 0.16. The company has a current ratio of 1.24, a quick ratio of 1.22 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 headquartered in Tokyo. Founded in 1892, the company has grown into one of Japan’s major general contractors, providing services across building construction, civil engineering, infrastructure development and related technical fields.

Its building activities include offices, commercial facilities, residential properties, factories, hospitals, schools and other public-use structures. Its civil engineering operations cover transportation and urban infrastructure, including roads, railways, tunnels, bridges, dams and other large-scale projects.

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