Japan Steel Works (OTCMKTS:JPSWY) Reaches New 52-Week Low – Time to Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares reached a new 52-week low on Saturday . The company traded as low as $21.5725 and last traded at $22.0865, with a volume of 36 shares traded. The stock had previously closed at $24.52.

Japan Steel Works Trading Down 9.9%

The stock’s 50 day moving average price is $24.87 and its 200-day moving average price is $28.21. The company has a quick ratio of 1.33, a current ratio of 2.41 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $3.25 billion, a PE ratio of 25.39 and a beta of 0.35.

Japan Steel Works (OTCMKTS:JPSWY) last released its earnings results on Wednesday, May 13th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.07. Japan Steel Works had a net margin of 7.01% and a return on equity of 8.48%. The company had revenue of $466.91 million for the quarter, compared to analysts’ expectations of $575.14 million.

Japan Steel Works Company Profile

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.