Japan Steel Works (OTCMKTS:JPSWY) Trading Up 6.7% – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shot up 6.7% during mid-day trading on Wednesday . The stock traded as high as $23.80 and last traded at $23.75. Approximately 103 shares were traded during mid-day trading, a decline of 51% from the average session volume of 212 shares. The stock had previously closed at $22.25.

Japan Steel Works Stock Performance

The company has a market cap of $3.36 billion, a price-to-earnings ratio of 24.84 and a beta of 0.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.33 and a current ratio of 2.41. The firm’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $27.05.

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.