Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 6.2% - Time to Sell?

Key Points

• The stock price of Japan Steel Works (OTCMKTS:JPSWY) fell by 6.2%, closing at $28.65 after trading volumes declined significantly.
• The company reported a net margin of 6.95% and earnings per share of $0.20, with projected earnings for the current year at $0.81.
• Japan Steel Works has a market capitalization of $4.49 billion and a debt-to-equity ratio of 0.23, indicating a relatively low level of debt.

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) dropped 6.2% on Tuesday . The stock traded as low as $28.65 and last traded at $28.65. Approximately 80 shares were traded during trading, a decline of 65% from the average daily volume of 229 shares. The stock had previously closed at $30.53.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Japan Steel Works from a "strong-buy" rating to a "hold" rating in a research note on Monday. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold".

Japan Steel Works Trading Up 4.4%

The company's 50 day moving average price is $30.53 and its 200 day moving average price is $24.53. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.15. The firm has a market cap of $4.54 billion, a PE ratio of 35.92 and a beta of 0.53.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.20 EPS for the quarter. Japan Steel Works had a net margin of 6.95% and a return on equity of 9.76%. The business had revenue of $467.54 million during the quarter. As a group, 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.