Japan Steel Works (OTCMKTS:JPSWY) Shares Down 8.2% – Should You Sell?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) traded down 8.2% during trading on Wednesday . The stock traded as low as $26.90 and last traded at $26.90. 14 shares were traded during mid-day trading, a decline of 94% from the average session volume of 227 shares. The stock had previously closed at $29.30.

Japan Steel Works Stock Down 3.7%

The company has a debt-to-equity ratio of 0.27, a current ratio of 2.18 and a quick ratio of 1.19. The firm has a 50 day simple moving average of $30.64 and a 200-day simple moving average of $29.92. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 30.33 and a beta of 0.40.

Japan Steel Works (OTCMKTS:JPSWY) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.81% and a net margin of 7.41%.

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.