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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares gapped down before the market opened on Friday . The stock had previously closed at $29.69, but opened at $28.72. Japan Steel Works shares last traded at $28.72, with a volume of 18 shares changing hands.

Japan Steel Works Trading Down 5.6%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 1.76. The stock has a market cap of $4.17 billion, a P/E ratio of 35.05 and a beta of 0.48. The stock has a 50-day moving average price of $24.92 and a 200-day moving average price of $21.34.

Japan Steel Works (OTCMKTS:JPSWY) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $497.32 million during the quarter. Japan Steel Works had a return on equity of 9.70% and a net margin of 7.21%. On average, equities research 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.