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

Key Points

• Shares gapped down about 5.7%, opening at $29.375 after a $31.165 close, with only 4 shares trading—an unusually thin, sharp move.
• Quarterly results missed: EPS was $0.17 versus $0.19 expected and revenue $417.46M versus $486.28M consensus, with a net margin of 7.41% and ROE of 8.81%.
• Valuation and balance-sheet snapshot: Market cap ≈ $4.32B, P/E 31.59, 50/200-day moving averages $30.78/$30.00, current ratio 2.18 and debt-to-equity 0.27, with a low beta (0.40).

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $31.1650, but opened at $29.3750. Japan Steel Works shares last traded at $29.3750, with a volume of 4 shares trading hands.

Japan Steel Works Stock Performance

The firm's fifty day moving average price is $30.78 and its 200 day moving average price is $30.00. The company has a current ratio of 2.18, a quick ratio of 1.19 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 31.59 and a beta of 0.40.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). Japan Steel Works had a return on equity of 8.81% and a net margin of 7.41%.The company had revenue of $417.46 million during the quarter, compared to analyst estimates of $486.28 million.

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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