Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Should You Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped down prior to trading on Friday . The stock had previously closed at $33.61, but opened at $28.55. Japan Steel Works shares last traded at $28.55, with a volume of 15 shares changing hands.

Japan Steel Works Price Performance

The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.22. The company’s fifty day moving average price is $28.20 and its 200 day moving average price is $30.42. The company has a market capitalization of $4.54 billion, a P/E ratio of 33.15 and a beta of 0.28.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The company had revenue of $417.46 million for the quarter, compared to analyst estimates of $486.28 million. Japan Steel Works had a return on equity of 8.80% and a net margin of 7.41%. As a group, sell-side analysts forecast 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.