Japan Steel Works (OTCMKTS:JPSWY) Shares Down 8.5% - Should You Sell?

Key Points

• Japan Steel Works experienced a significant stock price decline of 8.5%, trading at $28.45 following a previous close of $31.10.
• The company reported earnings of $0.22 per share with revenue totaling $497.32 million for the quarter, along with a net margin of 7.21%.
• With a market cap of $4.23 billion and a debt-to-equity ratio of 0.10, the firm's financial metrics suggest stability amidst the stock decline.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) traded down 8.5% during mid-day trading on Tuesday . The company traded as low as $28.45 and last traded at $28.45. 28 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 223 shares. The stock had previously closed at $31.10.

Japan Steel Works Stock Down 1.2%

The company has a quick ratio of 0.98, a current ratio of 1.76 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $27.62 and a 200-day moving average price of $22.39. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of 38.75 and a beta of 0.51.

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