Japan Steel Works (OTCMKTS:JPSWY) Stock Price Up 10.3% – Still a Buy?

by · The Markets Daily

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report)’s share price shot up 10.3% during trading on Tuesday. The company traded as high as $21.23 and last traded at $21.23. Approximately 19 shares traded hands during trading, a decline of 90% from the average daily volume of 192 shares. The stock had previously closed at $19.25.

Japan Steel Works Stock Up 10.3%

The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 23.33 and a beta of 0.41. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The firm’s 50 day moving average is $23.02 and its two-hundred day moving average is $26.58.

Japan Steel Works Company Profile

(Get Free Report)

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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