Japan Steel Works (OTCMKTS:JPSWY) Trading Down 4.9% – Here’s What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares were down 4.9% during trading on Thursday . The company traded as low as $24.71 and last traded at $25.00. Approximately 34 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 240 shares. The stock had previously closed at $26.30.

Japan Steel Works Stock Down 3.7%

The firm has a 50-day moving average of $25.46 and a two-hundred day moving average of $28.28. The company has a quick ratio of 1.33, a current ratio of 2.41 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $3.60 billion, a PE ratio of 28.14 and a beta of 0.35.

Japan Steel Works (OTCMKTS:JPSWY) last posted its earnings results on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.The company had revenue of $466.91 million for the quarter, compared to the consensus estimate of $575.14 million.

Japan Steel Works Company Profile

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.