Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – Here’s What Happened
by Sarita Garza · The Markets DailyShares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $30.21, but opened at $32.45. Japan Steel Works shares last traded at $32.45, with a volume of 19 shares trading hands.
Japan Steel Works Trading Up 3.0%
The company has a debt-to-equity ratio of 0.27, a current ratio of 2.18 and a quick ratio of 1.19. The business has a fifty day moving average of $30.63 and a 200-day moving average of $30.36. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 33.47 and a beta of 0.27.
Japan Steel Works (OTCMKTS:JPSWY – Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). Japan Steel Works had a net margin of 7.41% and a return on equity of 8.81%. The business had revenue of $417.46 million during the quarter, compared to analyst estimates of $486.28 million. On average, equities analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current fiscal year.
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.