Japan Steel Works (OTCMKTS:JPSWY) Trading Up 7.5% - Here's Why

Key Points

• Japan Steel Works (OTCMKTS:JPSWY) saw a significant stock increase of 7.5% during mid-day trading, closing at $31.43.
• The company reported $0.20 earnings per share and revenues of $467.54 million for its latest quarter, with analysts projecting an EPS of 0.81 for the current fiscal year.
• Japan Steel Works has a market cap of $5.02 billion and maintains a low debt-to-equity ratio of 0.10, indicating strong financial stability.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) was up 7.5% during mid-day trading on Monday . The company traded as high as $31.43 and last traded at $31.43. Approximately 6 shares traded hands during trading, a decline of 97% from the average daily volume of 225 shares. The stock had previously closed at $29.22.

Japan Steel Works Stock Performance

The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 39.67 and a beta of 0.51. The stock's 50-day moving average is $29.85 and its 200-day moving average is $23.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.76 and a quick ratio of 0.98.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.20 earnings per share for the quarter. The company 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%. Analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 EPS 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.

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