The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) shares dropped 7.6% on Wednesday. The stock traded as low as $21.62 and last traded at $21.62. 1 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 202 shares. The stock had previously closed at $23.39.
Japan Steel Works Stock Down 4.3%
The firm has a market cap of $3.34 billion, a price-to-earnings ratio of 24.63 and a beta of 0.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.33. The business’s 50-day moving average is $23.85 and its 200-day moving average is $26.09.
About Japan Steel Works
The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.
JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.
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