Japan Steel Works (OTCMKTS:JPSWY) Shares Up 8.6% – Should You Buy?
by Doug Wharley · The Cerbat GemThe Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report)’s share price rose 8.6% during trading on Friday . The stock traded as high as $29.5732 and last traded at $29.5732. Approximately 1 shares traded hands during trading, a decline of 99% from the average daily volume of 100 shares. The stock had previously closed at $27.2350.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group initiated coverage on Japan Steel Works in a report on Thursday, September 25th. They issued a “buy” rating for the company. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Japan Steel Works has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Japan Steel Works
Japan Steel Works Price Performance
The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.16 and a current ratio of 2.18. The stock has a market capitalization of $4.01 billion, a PE ratio of 26.93 and a beta of 0.29. The stock’s 50 day moving average is $28.53 and its two-hundred day moving average is $30.26.
Japan Steel Works (OTCMKTS:JPSWY – Get Free Report) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. Japan Steel Works had a return on equity of 10.37% and a net margin of 7.97%.The company had revenue of $444.78 million during the quarter, compared to analyst estimates of $428.31 million. On average, equities analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 EPS for the current fiscal year.
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.