Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $23.90, but opened at $22.90. Japan Steel Works shares last traded at $23.70, with a volume of 6 shares.

Japan Steel Works Stock Performance

The company’s 50 day moving average is $23.78 and its 200 day moving average is $26.61. The firm has a market cap of $3.41 billion, a P/E ratio of 25.17 and a beta of 0.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.33.

About Japan Steel Works

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The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.

JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.

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