Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – Time to Buy?
by Doug Wharley · The Cerbat GemThe Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $24.80, but opened at $26.50. Japan Steel Works shares last traded at $26.50, with a volume of 2,040 shares trading hands.
Japan Steel Works Price Performance
The company has a market capitalization of $3.84 billion, a P/E ratio of 30.01 and a beta of 0.40. The company has a fifty day moving average price of $30.23 and a 200 day moving average price of $29.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.18 and a quick ratio of 1.19.
Japan Steel Works (OTCMKTS:JPSWY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. The company had revenue of $466.91 million during the quarter, compared to analyst estimates of $575.14 million. Japan Steel Works had a return on equity of 8.57% and a net margin of 7.01%.
About Japan Steel Works
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.