Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped up before the market opened on Monday . The stock had previously closed at $27.65, but opened at $29.6150. Japan Steel Works shares last traded at $31.30, with a volume of 11 shares traded.

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’s fifty day moving average price is $27.89 and its 200-day moving average price is $30.36. The firm has a market cap of $4.61 billion, a PE ratio of 31.30 and a beta of 0.28.

Japan Steel Works (OTCMKTS:JPSWY) last issued its earnings results on Monday, November 10th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. Japan Steel Works had a net margin of 7.97% and a return on equity of 10.37%. The company had revenue of $444.78 million for the quarter, compared to analyst estimates of $428.31 million. As a group, equities analysts forecast 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.