The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $32.26, but opened at $38.26. Japan Steel Works shares last traded at $38.26, with a volume of 3 shares changing hands.
Analyst Upgrades and Downgrades
JPSWY has been the topic of several research reports. The Goldman Sachs Group initiated coverage on Japan Steel Works in a research report on Thursday. They issued a "buy" rating on the stock. Zacks Research cut Japan Steel Works from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 1st. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Japan Steel Works presently has a consensus rating of "Moderate Buy".
Get Our Latest Stock Report on Japan Steel Works
Japan Steel Works Price Performance
The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 2.07. The stock's 50 day simple moving average is $31.36 and its two-hundred day simple moving average is $25.90. The firm has a market capitalization of $5.69 billion, a PE ratio of 45.01 and a beta of 0.53.
Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $0.20 EPS for the quarter. The firm had revenue of $467.54 million for the quarter. Japan Steel Works had a net margin of 6.95% and a return on equity of 9.76%. On average, sell-side analysts forecast that The Japan Steel Works, Ltd. will post 0.81 EPS for the current year.
About Japan Steel Works
(
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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.
Further Reading
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