Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up - Time to Buy?

Key Points

• Japan Steel Works shares gapped up from $31.10 to $33.12 before the market opened on Monday, with a volume of just 1 share traded at that price.
• The company reported a 0.22 EPS for the last quarter with revenue of $497.32 million, showing a net margin of 7.21% and a return on equity of 9.70%.
• Japan Steel Works has a market capitalization of $4.54 billion, a price-to-earnings ratio of 38.12, and indicates steady financial ratios including a current ratio of 1.76 and a debt-to-equity ratio of 0.10.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $31.10, but opened at $33.12. Japan Steel Works shares last traded at $33.12, with a volume of 1 shares traded.

Japan Steel Works Trading Down 0.7%

The firm has a market capitalization of $4.74 billion, a P/E ratio of 39.84 and a beta of 0.48. The stock's 50-day simple moving average is $27.20 and its two-hundred day simple moving average is $22.24. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.76 and a quick ratio of 0.98.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.22 earnings per share for the quarter. The business had revenue of $497.32 million during the quarter. Japan Steel Works had a net margin of 7.21% and a return on equity of 9.70%. Equities research analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS 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.