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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped down prior to trading on Thursday . The stock had previously closed at $34.31, but opened at $28.50. Japan Steel Works shares last traded at $27.75, with a volume of 4 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have commented on JPSWY shares. Zacks Research lowered shares of Japan Steel Works from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. The Goldman Sachs Group began coverage on shares of Japan Steel Works in a research report on Thursday, September 25th. They set a “buy” rating on the stock. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Japan Steel Works Stock Up 0.1%

The company has a current ratio of 2.07, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23. The business’s fifty day moving average price is $32.13 and its two-hundred day moving average price is $28.59. The firm has a market cap of $4.41 billion, a P/E ratio of 34.90 and a beta of 0.63.

Japan Steel Works (OTCMKTS:JPSWY) last posted its earnings results on Monday, August 4th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $467.54 million for the quarter. Japan Steel Works had a return on equity of 9.76% and a net margin of 6.95%. As a group, equities research analysts anticipate 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.