Japan Steel Works (OTCMKTS:JPSWY) Reaches New 12-Month High - What's Next?

Key Points

• New 52-week high: Shares hit a new 52-week high, trading as high as $40.40 and last at $34.1550 on Friday after a 13.4% intraday move (volume 51 shares).
• Company fundamentals: market cap about $5.03 billion, P/E 36.73 and beta 0.27, with 50-day/200-day moving averages near $30.86/$30.41 and conservative leverage (debt-to-equity 0.27, current ratio 2.18).
• Earnings miss: The most recent quarter showed EPS of $0.17 versus $0.19 expected and revenue $417.46M versus $486.28M expected, while analysts forecast full-year EPS of 0.81 (net margin 7.41%, ROE 8.81%).

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $40.40 and last traded at $34.1550, with a volume of 51 shares trading hands. The stock had previously closed at $30.1175.

Japan Steel Works Trading Up 13.4%

The company has a market cap of $5.03 billion, a P/E ratio of 36.73 and a beta of 0.27. The business's 50-day moving average price is $30.86 and its 200 day moving average price is $30.41. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.19 and a current ratio of 2.18.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last issued its 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). Japan Steel Works had a net margin of 7.41% and a return on equity of 8.81%. The firm had revenue of $417.46 million during the quarter, compared to the consensus estimate of $486.28 million. As a group, analysts expect that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current year.

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.

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