Japan Steel Works (OTCMKTS:JPSWY) Sees Strong Trading Volume – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw unusually-high trading volume on Friday . Approximately 536 shares were traded during mid-day trading, an increase of 104% from the previous session’s volume of 263 shares.The stock last traded at $24.05 and had previously closed at $24.9650.

Japan Steel Works Stock Down 3.1%

The company has a market cap of $3.71 billion, a P/E ratio of 28.97 and a beta of 0.40. The company has a 50 day moving average of $29.15 and a 200-day moving average of $29.30. 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) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 earnings per share (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.