Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 11.4% - Time to Sell?

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.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report)'s stock price was down 11.4% during mid-day trading on Thursday . The stock traded as low as $30.65 and last traded at $30.65. Approximately 28 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 229 shares. The stock had previously closed at $34.60.

Japan Steel Works Trading Down 10.7%

The business's 50 day simple moving average is $29.52 and its 200 day simple moving average is $23.45. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.76 and a quick ratio of 0.98. The stock has a market cap of $4.47 billion, a P/E ratio of 35.30 and a beta of 0.51.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.20 earnings per share for the quarter. The business had revenue of $467.54 million for the quarter. Japan Steel Works had a net margin of 6.95% and a return on equity of 9.95%. On average, analysts expect 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.