Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Grows By 1,475.8%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 520 shares, a growth of 1,475.8% from the May 31st total of 33 shares. Based on an average daily volume of 383 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.0% of the company’s shares are sold short.

Japan Steel Works Trading Down 4.1%

Shares of JPSWY traded down $1.04 during mid-day trading on Friday, reaching $24.75. 1 shares of the company’s stock traded hands, compared to its average volume of 247. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.33. The stock’s 50-day moving average is $26.78 and its two-hundred day moving average is $28.56. Japan Steel Works has a 12 month low of $21.90 and a 12 month high of $40.40. The stock has a market cap of $3.64 billion, a P/E ratio of 28.44 and a beta of 0.34.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. The firm had revenue of $466.91 million during the quarter, compared to analyst estimates of $575.14 million. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.

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.