Japan Steel Works (OTCMKTS:JPSWY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Japan Steel Works experienced a significant surge in trading volume, with approximately 4,202 shares traded, marking an increase of 1,768% from the previous session.
• The stock price last closed at $31.08, reflecting a 0.7% decline from its prior close.
• The company reported $0.22 EPS for the last quarter, with projected earnings of 0.81 EPS for the current fiscal year.
• Japan Steel Works operates in industrial machinery and engineering, providing products such as molding machines and excimer laser systems.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) saw an uptick in trading volume on Friday . 4,202 shares changed hands during trading, an increase of 1,768% from the previous session's volume of 225 shares.The stock last traded at $31.08 and had previously closed at $30.72.

Japan Steel Works Stock Down 8.5%

The business's 50 day simple moving average is $26.78 and its 200 day simple moving average is $22.12. 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 company has a market capitalization of $4.23 billion, a PE ratio of 35.56 and a beta of 0.48.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $497.32 million during the quarter. Japan Steel Works had a net margin of 7.21% and a return on equity of 9.70%. As a group, 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.