Jfe Holdings Inc. (OTCMKTS:JFEEF – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,728,542 shares, a decline of 37.5% from the April 15th total of 2,767,422 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 313 shares, the days-to-cover ratio is currently 5,522.5 days.
JFE Stock Performance
Shares of OTCMKTS JFEEF remained flat at $10.85 during midday trading on Friday. The company has a market capitalization of $2.01 billion, a P/E ratio of 15.66 and a beta of 0.23. JFE has a 12-month low of $10.14 and a 12-month high of $15.00. The company has a 50 day moving average price of $11.86 and a 200 day moving average price of $12.55. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.89 and a current ratio of 1.71.
JFE (OTCMKTS:JFEEF – Get Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.30). JFE had a return on equity of 2.68% and a net margin of 1.54%.The company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.73 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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