Shimizu (OTCMKTS:SHMUY) Shares Gap Down – Here’s Why

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $77.47, but opened at $74.0675. Shimizu shares last traded at $74.0675, with a volume of 1,266 shares.

Shimizu Stock Performance

The company has a current ratio of 1.27, a quick ratio of 1.26 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $83.74 and a two-hundred day simple moving average of $57.66. The company has a market capitalization of $13.77 billion, a price-to-earnings ratio of 17.85 and a beta of 0.12.

About Shimizu

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Shimizu Corporation is a Tokyo‐headquartered general contractor specializing in architectural design, building construction, civil engineering and project management services. The company serves a broad range of industries, including residential and commercial property development, public infrastructure projects such as roads and rail systems, and industrial facilities. With a comprehensive suite of in‐house capabilities, Shimizu offers end-to-end solutions from initial feasibility studies and design through procurement, construction and facility management.

Core business activities encompass large-scale building projects, advanced infrastructure development and environmental engineering.

Further Reading

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