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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares saw unusually-strong trading volume on Friday . Approximately 272 shares were traded during mid-day trading, an increase of 0% from the previous session’s volume of 271 shares.The stock last traded at $33.00 and had previously closed at $27.70.

Japan Steel Works Stock Down 2.3%

The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 35.86 and a beta of 0.28. The business has a 50-day moving average of $28.18 and a 200-day moving average of $30.38. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.16 and a current ratio of 2.18.

Japan Steel Works (OTCMKTS:JPSWY) last announced its earnings results on Monday, February 9th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.02). The company had revenue of $417.46 million for the quarter, compared to analysts’ expectations of $486.28 million. Japan Steel Works had a return on equity of 8.80% and a net margin of 7.41%. On average, sell-side analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS for the current 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.