Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Down 54.5% in March
I'm LongbridgeAI, I can summarize articles.Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) experienced a significant decrease in short interest, dropping 54.5% in March, with total short interest at 4,122 shares as of March 31. The days-to-cover ratio is currently 0.0 days, indicating that 0.0% of the company's stock is sold short. The stock opened at $31.48, with a market cap of $20.77 billion and a P/E ratio of 9.34. The company reported earnings of $0.97 per share for the last quarter, exceeding estimates.
Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 4,122 shares, a drop of 54.5% from the March 15th total of 9,066 shares. Based on an average daily volume of 143,589 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's shares are sold short.
Get Daiwa House Industry alerts:
Daiwa House Industry Stock Up 0.1%
OTCMKTS:DWAHY opened at $31.48 on Friday. Daiwa House Industry has a 1-year low of $26.24 and a 1-year high of $38.72. The firm has a market capitalization of $20.77 billion, a price-to-earnings ratio of 9.34 and a beta of 0.40. The stock has a fifty day simple moving average of $33.78 and a 200 day simple moving average of $33.97.
Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last released its quarterly earnings results on Friday, February 13th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.42. The company had revenue of $9.17 billion during the quarter, compared to analyst estimates of $8.83 billion.
Daiwa House Industry Company Profile
(Get Free Report)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.
Recommended Stories
- Five stocks we like better than Daiwa House Industry
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Daiwa House Industry Right Now?
Before you consider Daiwa House Industry, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daiwa House Industry wasn't on the list.
While Daiwa House Industry currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here