JFE (OTCMKTS:JFEEF) Reaches New 52-Week Low - What's Next?

Key Points

• Shares of JFE Holdings (OTCMKTS:JFEEF) fell to a new 52-week low of $11.15, trading down about 2% on the session with volume of 12,685 and sitting below its 50‑day ($13.34) and near its 200‑day ($12.77) moving averages.
• JFE beat on quarterly EPS ($0.33 vs. $0.15 estimate) but missed on revenue ($7.34B vs. $7.51B), and profitability remains thin with a net margin of 1.15% and ROE of 2.03%.
• The company is a major Tokyo-based steel and engineering conglomerate with a market cap around $2.06 billion and moderate leverage (debt-to-equity 0.58), serving automotive, construction, shipbuilding and energy industries.

Shares of Jfe Holdings Inc. (OTCMKTS:JFEEF - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $11.15 and last traded at $11.15, with a volume of 12685 shares. The stock had previously closed at $11.3750.

JFE Trading Down 2.0%

The company has a market capitalization of $2.06 billion, a P/E ratio of 21.32 and a beta of 0.34. The stock's 50 day moving average is $13.34 and its 200-day moving average is $12.77. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.71 and a quick ratio of 0.89.

JFE (OTCMKTS:JFEEF - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.18. JFE had a net margin of 1.15% and a return on equity of 2.03%. The company had revenue of $7.34 billion during the quarter, compared to the consensus estimate of $7.51 billion.

About JFE

JFE Holdings, Inc OTCMKTS: JFEEF is a Tokyo‐based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat‐rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers.

Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.

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