Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $24.55, but opened at $21.85. Japan Steel Works shares last traded at $21.85, with a volume of 30 shares changing hands.
Japan Steel Works Stock Performance
The stock has a market capitalization of $3.36 billion, a PE ratio of 24.78 and a beta of 0.41. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.19. The business’s fifty day moving average price is $23.79 and its 200-day moving average price is $25.65.
About Japan Steel Works
The Japan Steel Works, Ltd. is a Japanese industrial manufacturer that produces large-scale machinery, steel products and specialized equipment for industrial customers. The company serves markets including plastics processing, energy, semiconductor manufacturing, transportation, shipbuilding and defense.
Its industrial machinery operations manufacture equipment used to process plastics and other materials, including injection molding machines, extrusion systems and related machinery. Japan Steel Works also supplies equipment and components used in semiconductor and energy-related applications.
The company’s steel products business produces large forgings and castings for applications such as power-generation equipment, industrial machinery, ships and other heavy industries.
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