Japan Steel Works (OTCMKTS:JPSWY) Issues Quarterly Earnings Results

Japan Steel Works (OTCMKTS:JPSWY) posted its earnings results on Tuesday. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04), Zacks reports. Japan Steel Works had a net margin of 7.83% and a return on equity of 8.17%.

Japan Steel Works Trading Up 4.9%

Shares of OTCMKTS:JPSWY traded up $0.85 during trading on Tuesday, reaching $18.15. The company’s stock had a trading volume of 111 shares, compared to its average volume of 189. The firm’s 50 day simple moving average is $22.01 and its two-hundred day simple moving average is $26.07. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. Japan Steel Works has a 12 month low of $16.30 and a 12 month high of $40.40. The stock has a market capitalization of $2.70 billion, a PE ratio of 19.95 and a beta of 0.46.

About Japan Steel Works

Japan Steel Works, Ltd. is a Japanese manufacturer of industrial machinery and steel products. Its offerings include large steel castings and forgings, as well as equipment used in energy, infrastructure and manufacturing applications.

The company also makes machinery for processing plastics, including injection molding machines and extruders. Its products serve industries such as automotive, electronics, chemicals and packaging, while its heavy steel products are used in areas including power generation and industrial equipment.

Founded in 1907 in Muroran, Hokkaido, Japan Steel Works has expanded from its early steelmaking roots to serve customers in Japan and international markets.