Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Here’s What Happened

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $20.7075, but opened at $19.17. Japan Steel Works shares last traded at $19.18, with a volume of 43 shares.

Japan Steel Works Trading Down 0.7%

The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 20.56 and a beta of 0.47. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.19. The company’s fifty day moving average price is $22.66 and its 200-day moving average price is $26.44.

About Japan Steel Works

(Get Free Report)

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) is a Japanese industrial manufacturer that produces advanced materials, machinery and equipment for customers in a range of industries. Despite its name, the company’s operations extend beyond conventional steelmaking and include large steel castings and forgings, specialized metal products, and industrial machinery.

The company’s products and services include equipment for plastics processing, such as injection molding machines and related systems, as well as machinery used in energy, infrastructure, transportation and other industrial applications.

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