Japan Steel Works (OTCMKTS:JPSWY) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $19.45 and traded as high as $20.14. Japan Steel Works shares last traded at $20.14, with a volume of 4 shares changing hands.

Japan Steel Works Price Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.99 and a current ratio of 1.84. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 25.49 and a beta of 0.65. The business has a fifty day moving average price of $19.45 and a 200 day moving average price of $18.07.

Japan Steel Works (OTCMKTS:JPSWY) last issued its earnings results on Thursday, February 13th. The company reported $0.30 EPS for the quarter. The firm had revenue of $423.13 million during the quarter. Japan Steel Works had a return on equity of 10.56% and a net margin of 7.01%. As a group, research analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current 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.