Japan Steel Works (OTCMKTS:JPSWY) Stock Price Up 10.3% – Here’s Why

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) traded up 10.3% during mid-day trading on Tuesday. The company traded as high as $21.23 and last traded at $21.23. 19 shares were traded during trading, a decline of 90% from the average daily volume of 192 shares. The stock had previously closed at $19.25.

Japan Steel Works Price Performance

The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 23.33 and a beta of 0.41. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The company has a 50 day simple moving average of $23.02 and a 200 day simple moving average of $26.58.

About Japan Steel Works

(Get Free Report)

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) is a Japanese industrial manufacturer that produces advanced materials, machinery and equipment for customers in a range of industries. Despite its name, the company’s operations extend beyond conventional steelmaking and include large steel castings and forgings, specialized metal products, and industrial machinery.

The company’s products and services include equipment for plastics processing, such as injection molding machines and related systems, as well as machinery used in energy, infrastructure, transportation and other industrial applications.

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