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Japan Steel Works (OTCMKTS:JPSWY) Trading Down 11.4% - Here's Why

Japan Steel Works logo with Industrials background

Key Points

  • Japan Steel Works stock experienced an 11.4% decline during mid-day trading, dropping to $30.65 after a previous close of $34.60.
  • The company reported $0.20 earnings per share and $467.54 million in revenue for the last quarter, with a forecast of $0.81 EPS for the current fiscal year.
  • Japan Steel Works has a market capitalization of $4.91 billion and operates in industrial machinery, specifically providing products for plastic production and engineering.
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The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report)'s stock price traded down 11.4% during mid-day trading on Thursday . The stock traded as low as $30.65 and last traded at $30.65. 28 shares were traded during mid-day trading, a decline of 88% from the average session volume of 229 shares. The stock had previously closed at $34.60.

Japan Steel Works Stock Performance

The stock has a market capitalization of $4.91 billion, a PE ratio of 38.82 and a beta of 0.51. 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 firm has a 50 day moving average price of $28.98 and a 200-day moving average price of $23.10.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $467.54 million for the quarter. Japan Steel Works had a return on equity of 9.95% and a net margin of 6.95%. Research analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS for the current fiscal year.

Japan Steel Works Company Profile

(Get Free Report)

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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