The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Up 77.9% in July

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 772 shares, an increase of 77.9% from the June 30th total of 434 shares. Based on an average daily trading volume, of 94 shares, the short-interest ratio is presently 8.2 days. Currently, 0.0% of the company’s stock are short sold.

Japan Steel Works Stock Up 6.9%

Shares of OTCMKTS:JPSWY traded up $1.58 on Friday, reaching $24.62. The company had a trading volume of 134 shares, compared to its average volume of 223. Japan Steel Works has a twelve month low of $21.57 and a twelve month high of $40.40. The stock has a 50-day moving average price of $24.29 and a 200 day moving average price of $28.06. The stock has a market capitalization of $3.62 billion, a P/E ratio of 28.29 and a beta of 0.35. The company has a quick ratio of 1.33, a current ratio of 2.41 and a debt-to-equity ratio of 0.35.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates 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.