Japan Steel Works (OTCMKTS:JPSWY) Reaches New 1-Year High – Still a Buy?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $23.01 and last traded at $21.53, with a volume of 235 shares trading hands. The stock had previously closed at $20.25.

Japan Steel Works Trading Up 6.3 %

The business has a fifty day simple moving average of $19.15 and a 200 day simple moving average of $18.76. The company has a market cap of $3.20 billion, a P/E ratio of 27.25 and a beta of 0.61. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.99 and a current ratio of 1.84.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.30 earnings per share (EPS) for the quarter. The business 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%. Analysts anticipate that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current fiscal 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.