Japan Steel Works (OTCMKTS:JPSWY) Trading 7.5% Higher - 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) shares traded up 7.5% on Monday . The company traded as high as $31.43 and last traded at $31.43. 6 shares were traded during mid-day trading, a decline of 97% from the average session volume of 225 shares. The stock had previously closed at $29.22.

Japan Steel Works Trading Down 3.8%

The business's 50-day moving average is $30.28 and its two-hundred day moving average is $24.13. The stock has a market capitalization of $4.54 billion, a PE ratio of 35.92 and a beta of 0.51. The company has a quick ratio of 0.98, a current ratio of 2.07 and a debt-to-equity ratio of 0.23.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last released 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 9.76% and a net margin of 6.95%. On average, 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.