JFE (OTCMKTS:JFEEF – Get Free Report) posted its earnings results on Friday. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.11), Zacks reports. The firm had revenue of $7.87 billion for the quarter, compared to analyst estimates of $7.59 billion. JFE had a return on equity of 3.53% and a net margin of 2.05%.
JFE Trading Up 2.2%
JFEEF opened at $11.80 on Friday. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 12.83 and a beta of 0.24. JFE has a 52 week low of $9.45 and a 52 week high of $15.00. The business’s 50 day moving average is $11.65 and its two-hundred day moving average is $11.68. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.57.
About JFE
JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.
The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.
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