Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Here’s What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares gapped down prior to trading on Monday . The stock had previously closed at $32.55, but opened at $31.5150. Japan Steel Works shares last traded at $31.49, with a volume of 100 shares traded.

Japan Steel Works Price Performance

The company has a 50 day moving average of $30.14 and a two-hundred day moving average of $30.31. The firm has a market cap of $4.63 billion, a P/E ratio of 33.82 and a beta of 0.27. The company has a quick ratio of 1.19, a current ratio of 2.18 and a debt-to-equity ratio of 0.27.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). Japan Steel Works had a return on equity of 8.81% and a net margin of 7.41%.The business had revenue of $417.46 million during the quarter, compared to the consensus estimate of $486.28 million. Sell-side analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS for the current year.

About Japan Steel Works

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.