Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Here’s What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares gapped down prior to trading on Monday . The stock had previously closed at $24.62, but opened at $23.2250. Japan Steel Works shares last traded at $24.05, with a volume of 3 shares trading hands.

Japan Steel Works Price Performance

The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.35. The stock has a market cap of $3.58 billion, a PE ratio of 26.43 and a beta of 0.35. The business has a 50-day moving average price of $24.25 and a 200 day moving average price of $27.84.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.14% and a net margin of 7.83%.The company had revenue of $466.91 million during the quarter, compared to analyst estimates of $575.14 million.

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.