Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – Should You Buy?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped up prior to trading on Tuesday . The stock had previously closed at $22.25, but opened at $23.60. Japan Steel Works shares last traded at $23.60, with a volume of 2 shares trading hands.

Japan Steel Works Stock Performance

The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 25.93 and a beta of 0.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.33 and a current ratio of 2.41. The stock’s fifty day moving average is $24.03 and its two-hundred day moving average is $27.23.

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.