Japan Steel Works (OTCMKTS:JPSWY) Stock Price Up 13.6% - Should You Buy?

Key Points

• Shares jumped 13.6% to $31.35 in mid-day trading, but only about 7 shares changed hands—down roughly 97% from the average—so the move may not reflect broad market interest.
• Japan Steel Works missed Q4 estimates, reporting $0.17 EPS versus $0.19 expected and $417.46M in revenue versus $486.28M projected; sell-side analysts forecast about 0.81 EPS for the current year.
• The company has a market cap of $4.62B and a P/E of 33.7, with low leverage (debt/equity 0.27) and a beta of 0.27, indicating relatively low equity volatility.

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) rose 13.6% during mid-day trading on Wednesday . The company traded as high as $31.35 and last traded at $31.35. Approximately 7 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 268 shares. The stock had previously closed at $27.6050.

Japan Steel Works Stock Performance

The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 33.71 and a beta of 0.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.18 and a quick ratio of 1.19. The firm has a fifty day moving average of $30.62 and a 200 day moving average of $30.30.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last released its quarterly earnings data on Monday, February 9th. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). The company had revenue of $417.46 million for the quarter, compared to analyst estimates of $486.28 million. Japan Steel Works had a return on equity of 8.81% and a net margin of 7.41%. As a group, sell-side analysts forecast that The Japan Steel Works, Ltd. will post 0.81 EPS for the current 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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