Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 8.5% - Here's What Happened

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)'s share price fell 8.5% on Tuesday . The stock traded as low as $28.45 and last traded at $28.45. 28 shares changed 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 Price Performance

The company has a market cap of $4.23 billion, a P/E ratio of 35.56 and a beta of 0.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 1.76. The firm's fifty day moving average is $26.78 and its two-hundred day moving average is $22.12.

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