Japan Steel Works (OTCMKTS:JPSWY) Reaches New 52-Week High – Still a Buy?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $23.01 and last traded at $21.53, with a volume of 235 shares changing hands. The stock had previously closed at $20.25.

Japan Steel Works Stock Performance

The company’s 50-day moving average price is $19.33 and its two-hundred day moving average price is $18.81. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.99 and a current ratio of 1.84. The stock has a market cap of $3.39 billion, a PE ratio of 28.82 and a beta of 0.61.

Japan Steel Works (OTCMKTS:JPSWY) last released its earnings results on Thursday, February 13th. The company reported $0.30 EPS for the quarter. Japan Steel Works had a net margin of 7.01% and a return on equity of 10.56%. The company had revenue of $423.13 million for the quarter. On average, equities research analysts forecast that The Japan Steel Works, Ltd. will post 0.81 EPS for the current year.

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.