Japan Steel Works (OTCMKTS:JPSWY) Trading Down 12% – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares were down 12% on Friday . The company traded as low as $21.5725 and last traded at $21.5725. Approximately 26 shares traded hands during trading, a decline of 89% from the average session volume of 232 shares. The stock had previously closed at $24.52.

Japan Steel Works Price Performance

The stock has a market cap of $3.25 billion, a P/E ratio of 25.39 and a beta of 0.35. The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $24.87 and its 200-day simple moving average is $28.21.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.07. Japan Steel Works had a net margin of 7.01% and a return on equity of 8.48%. The company had revenue of $466.91 million during the quarter, compared to analysts’ expectations of $575.14 million.

About Japan Steel Works

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.