JFE (OTCMKTS:JFEEF – Get Free Report) issued its earnings results on Friday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.11), Zacks reports. JFE had a net margin of 2.05% and a return on equity of 3.53%. The firm had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7.59 billion.
JFE Stock Up 2.2%
Shares of JFEEF stock traded up $0.25 on Friday, hitting $11.80. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $2.18 billion, a P/E ratio of 12.92 and a beta of 0.24. JFE has a 12-month low of $9.45 and a 12-month high of $15.00. The stock’s 50-day moving average is $11.65 and its 200 day moving average is $11.68.
About JFE
JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.
The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.
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