JFE (OTCMKTS:JFEEF) Reaches New 12-Month High – Should You Buy?
by Danessa Lincoln · The Markets DailyJfe Holdings Inc. (OTCMKTS:JFEEF – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $15.00 and last traded at $15.00, with a volume of 2003 shares trading hands. The stock had previously closed at $13.63.
JFE Price Performance
The firm has a market cap of $9.54 billion, a PE ratio of 28.68 and a beta of 0.32. The company has a quick ratio of 0.89, a current ratio of 1.71 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average price of $13.25 and a two-hundred day moving average price of $12.55.
JFE (OTCMKTS:JFEEF – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.15 by $0.18. The firm had revenue of $7.34 billion during the quarter, compared to analyst estimates of $7.51 billion. JFE had a net margin of 1.15% and a return on equity of 2.03%.
JFE Company Profile
JFE Holdings, Inc (OTCMKTS: JFEEF) is a Tokyo‐based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat‐rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers.
Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.