Japan Steel Works (OTCMKTS:JPSWY) Sets New 52-Week Low – Time to Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY)’s share price hit a new 52-week low during trading on Saturday . The company traded as low as $21.5725 and last traded at $22.0865, with a volume of 36 shares. The stock had previously closed at $24.52.

Japan Steel Works Stock Performance

The company has a 50-day moving average price of $24.87 and a two-hundred day moving average price of $28.23. 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.

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

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.