Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 4.9% – Time to Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY)’s stock price dropped 4.9% during trading on Thursday . The stock traded as low as $24.71 and last traded at $25.00. 34 shares changed hands during trading, a decline of 86% from the average daily volume of 240 shares. The stock had previously closed at $26.30.

Japan Steel Works Stock Performance

The stock’s fifty day moving average is $25.73 and its two-hundred day moving average is $28.30. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 28.09 and a beta of 0.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.33 and a current ratio of 2.41.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.The business had revenue of $466.91 million during the quarter, compared to the consensus estimate 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.