Japan Steel Works (OTCMKTS:JPSWY) Stock Price Up 13.1% – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares shot up 13.1% on Friday . The stock traded as high as $26.00 and last traded at $26.00. 101 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 266 shares. The stock had previously closed at $22.9850.

Japan Steel Works Price Performance

The firm’s 50-day moving average price is $28.36 and its two-hundred day moving average price is $29.06. The stock has a market cap of $3.61 billion, a PE ratio of 28.19 and a beta of 0.34. The company has a current ratio of 2.18, a quick ratio of 1.19 and a debt-to-equity ratio of 0.27.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings results 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 net margin of 7.01% and a return on equity of 8.57%. The firm had revenue of $466.91 million during the quarter, compared to analysts’ expectations of $575.14 million.

Japan Steel Works Company Profile

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.