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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $22.90, but opened at $25.1975. Japan Steel Works shares last traded at $24.4650, with a volume of 12 shares traded.

Japan Steel Works Stock Performance

The business has a 50-day moving average of $23.74 and a two-hundred day moving average of $26.54. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.19. The company has a market cap of $3.75 billion, a P/E ratio of 27.69 and a beta of 0.35.

Japan Steel Works Company Profile

(Get Free Report)

The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.

JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.

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