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

Key Points

• Gapped down: The stock opened at $28.9920 after a prior close of $31.9250, showing a notable pre-market drop with the last trade at $28.9920.
• Earnings miss: Japan Steel Works reported $0.17 EPS versus $0.19 expected and revenue of $417.46M versus $486.28M consensus; analysts forecast full-year EPS of $0.81.
• Valuation and liquidity: The company has a market cap of about $4.5B and a P/E of 32.86, while the reported trade showed extremely thin volume (one share), suggesting low OTC liquidity.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $31.9250, but opened at $28.9920. Japan Steel Works shares last traded at $28.9920, with a volume of 1 shares trading hands.

Japan Steel Works Stock Down 4.3%

The business has a 50-day simple moving average of $30.95 and a two-hundred day simple moving average of $30.35. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 32.86 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.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates 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. As a group, equities analysts forecast that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current fiscal 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.

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