Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Here’s What Happened

by · The Markets Daily

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $20.7075, but opened at $19.17. Japan Steel Works shares last traded at $19.18, with a volume of 43 shares.

Japan Steel Works Stock Performance

The business has a 50-day moving average price of $22.66 and a 200-day moving average price of $26.44. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 20.56 and a beta of 0.47. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30.

Japan Steel Works Company Profile

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The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) is a Japanese industrial manufacturer that produces advanced materials, machinery and equipment for customers in a range of industries. Despite its name, the company’s operations extend beyond conventional steelmaking and include large steel castings and forgings, specialized metal products, and industrial machinery.

The company’s products and services include equipment for plastics processing, such as injection molding machines and related systems, as well as machinery used in energy, infrastructure, transportation and other industrial applications.

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