Japan Steel Works (OTCMKTS:JPSWY) Announces Quarterly Earnings Results

Japan Steel Works (OTCMKTS:JPSWY) released its quarterly earnings results on Wednesday. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.07, Zacks reports. Japan Steel Works had a return on equity of 8.57% and a net margin of 7.01%.The business had revenue of $466.91 million during the quarter, compared to analysts’ expectations of $575.14 million.

Japan Steel Works Price Performance

Shares of OTCMKTS:JPSWY traded down $2.00 during trading on Friday, reaching $24.80. 35 shares of the company traded hands, compared to its average volume of 234. The company has a quick ratio of 1.19, a current ratio of 2.18 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $3.65 billion, a PE ratio of 28.51 and a beta of 0.40. Japan Steel Works has a 52 week low of $19.20 and a 52 week high of $40.40. The company’s 50 day moving average is $30.43 and its two-hundred day moving average is $29.84.

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.