Japan Steel Works (OTCMKTS:JPSWY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Japan Steel Works saw a significant increase in trading volume, with approximately 319 shares exchanged, marking a 42% rise from the previous session.
• The company reported a 2.8% increase in stock price, closing at $31.87, following its latest earnings report of $0.20 EPS.
• With a market cap of $4.74 billion, Japan Steel Works has solid financial metrics, including a debt-to-equity ratio of 0.10 and a net margin of 7.21%.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) saw strong trading volume on Monday . 319 shares were traded during mid-day trading, an increase of 42% from the previous session's volume of 224 shares.The stock last traded at $31.87 and had previously closed at $31.00.

Japan Steel Works Trading Up 9.6%

The company has a quick ratio of 0.98, a current ratio of 1.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 38.76 and a beta of 0.51. The business has a 50 day moving average price of $27.95 and a 200-day moving average price of $22.55.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.20 earnings per share for the quarter. Japan Steel Works had a return on equity of 9.95% and a net margin of 6.95%. The firm had revenue of $467.54 million during the quarter. As a group, research analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS for the current fiscal 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.