Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Up – Still a Buy?

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) shares gapped up before the market opened on Friday . The stock had previously closed at $33.38, but opened at $34.65. Daiwa House Industry shares last traded at $33.3050, with a volume of 1,126 shares changing hands.

Daiwa House Industry Stock Performance

The company has a market cap of $21.97 billion, a P/E ratio of 9.88 and a beta of 0.35. The stock has a 50-day simple moving average of $34.66 and a 200 day simple moving average of $34.74.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Friday, February 13th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.42. The firm had revenue of $9.17 billion during the quarter, compared to analyst estimates of $8.83 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.