JFE (OTCMKTS:JFEEF – Get Free Report) announced its earnings results on Friday. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.11), Zacks reports. JFE had a return on equity of 3.53% and a net margin of 2.05%.
JFE Price Performance
JFEEF stock remained flat at $11.55 during trading on Friday. The business’s 50 day simple moving average is $11.63 and its 200 day simple moving average is $11.69. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.68 and a current ratio of 1.38. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 12.65 and a beta of 0.24. JFE has a 12-month low of $9.45 and a 12-month high of $15.00.
JFE Company Profile
JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.
The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.
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