Obayashi (OTCMKTS:OBYCF) Cut to “Neutral” at Mizuho

Mizuho lowered shares of Obayashi (OTCMKTS:OBYCF) from a buy rating to a neutral rating in a research note published on Wednesday morning, The Fly reports.

OTCMKTS:OBYCF opened at $8.41 on Wednesday. Obayashi has a 12 month low of $8.41 and a 12 month high of $11.57. The firm has a fifty day simple moving average of $9.30 and a 200-day simple moving average of $9.46. The company has a current ratio of 1.22, a quick ratio of 1.16 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $6.04 billion, a P/E ratio of 5.80 and a beta of 0.20.

Obayashi Company Profile

Obayashi Corporation engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania. The company constructs buildings, including offices, condominiums, commercial facilities, factories, hospitals, and schools; and civil engineering projects, such as tunnels, bridges, dams, riverbanks, railroads, and expressways.

Read More: How is net asset value different from market price?

The Fly

Receive News & Ratings for Obayashi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obayashi and related companies with MarketBeat.com's FREE daily email newsletter.