Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down - Here's What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $29.69, but opened at $28.72. Japan Steel Works shares last traded at $28.72, with a volume of 18 shares changing hands.

Japan Steel Works Stock Down 5.6%

The company has a current ratio of 1.76, a quick ratio of 0.98 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.17 billion, a PE ratio of 35.05 and a beta of 0.48. The business's 50-day simple moving average is $24.92 and its 200 day simple moving average is $21.32.

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