Japan Steel Works (OTCMKTS:JPSWY) Trading Up 9.1% - What's Next?

Key Points

• Japan Steel Works shares surged by 9.1% midday, trading at $31.03, following a previous close of $28.45.
• The company's market cap stands at $4.78 billion, with a P/E ratio of 40.13 and a net margin of 7.21% reported in their latest earnings.
• Analysts forecast an earnings per share (EPS) of 0.81 for Japan Steel Works in the current year.

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report)'s share price was up 9.1% on Wednesday . The stock traded as high as $31.73 and last traded at $31.03. Approximately 56 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 224 shares. The stock had previously closed at $28.45.

Japan Steel Works Price Performance

The company has a current ratio of 1.76, a quick ratio of 0.98 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $4.61 billion, a PE ratio of 38.75 and a beta of 0.51. The company has a fifty day moving average price of $27.62 and a two-hundred day moving average price of $22.40.

Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.22 earnings per share for the quarter. Japan Steel Works had a return on equity of 9.70% and a net margin of 7.21%. The business had revenue of $497.32 million during the quarter. Sell-side analysts forecast that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current 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.