Japan Steel Works (OTCMKTS:JPSWY) Shares Down 7% - What's Next?

Key Points

• Shares fell 7% to $28.43 during mid-day trading with only about 2 shares changing hands — roughly a 99% drop from the average daily volume — signaling extremely thin liquidity.
• The company missed earnings and revenue for the quarter, reporting EPS of $0.17 versus $0.19 expected and revenue of $417.46M versus $486.28M consensus, which likely drove the weakness.
• Key metrics: market cap $4.19B, P/E 30.57, net margin 7.41% and ROE 8.81%; the stock trades slightly below its 50-day and 200-day moving averages (about $31).

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report)'s share price dropped 7% during mid-day trading on Tuesday . The stock traded as low as $28.43 and last traded at $28.43. Approximately 2 shares traded hands during trading, a decline of 99% from the average daily volume of 256 shares. The stock had previously closed at $30.56.

Japan Steel Works Trading Down 7.0%

The firm has a market capitalization of $4.19 billion, a P/E ratio of 30.57 and a beta of 0.39. The company has a quick ratio of 1.19, a current ratio of 2.18 and a debt-to-equity ratio of 0.27. The firm's 50-day simple moving average is $30.99 and its 200-day simple moving average is $30.35.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last announced its earnings results on Monday, February 9th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $417.46 million for the quarter, compared to the consensus estimate of $486.28 million. Analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 EPS 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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