Japan Steel Works (OTCMKTS:JPSWY) Shares Down 13.9% – Here’s What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report)’s share price fell 13.9% during trading on Friday. The stock traded as low as $16.61 and last traded at $16.61. Approximately 26 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 190 shares. The stock had previously closed at $19.30.

Japan Steel Works Trading Up 0.7%

The firm has a market cap of $2.50 billion, a PE ratio of 18.46 and a beta of 0.46. The company has a 50-day simple moving average of $22.30 and a 200 day simple moving average of $26.22. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30.

Japan Steel Works Company Profile

(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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