Japan Steel Works (OTCMKTS:JPSWY) Shares Down 6.5% – Time to Sell?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) dropped 6.5% during trading on Thursday . The company traded as low as $21.3875 and last traded at $21.3875. 11 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 209 shares. The stock had previously closed at $22.8750.

Japan Steel Works Stock Down 10.3%

The company has a quick ratio of 1.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The company has a market cap of $3.18 billion, a PE ratio of 23.50 and a beta of 0.35. The company’s fifty day moving average is $23.94 and its 200-day moving average is $26.88.

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.