Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down - Time to Sell?

Key Points

• Japan Steel Works' shares experienced a significant decline, gapping down from a previous close of $33.60 to open at $31.76, marking a 5.5% decrease.
• The company reported $0.20 earnings per share for the last quarter, with a projected earnings per share of 0.81 for the current fiscal year.
• Japan Steel Works has a market capitalization of $4.73 billion and demonstrates low debt levels, indicated by a debt-to-equity ratio of 0.10.

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $33.60, but opened at $31.76. Japan Steel Works shares last traded at $31.76, with a volume of 2 shares traded.

Japan Steel Works Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 1.76 and a quick ratio of 0.98. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 34.38 and a beta of 0.51. The business's 50-day moving average price is $29.85 and its two-hundred day moving average price is $23.68.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $0.20 earnings per share for the quarter. Japan Steel Works had a net margin of 6.95% and a return on equity of 9.95%. The business had revenue of $467.54 million during the quarter. On average, research analysts forecast 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.