Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Decreases By 66.7%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the June 30th total of 300 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 0.3 days.

Japan Steel Works Price Performance

Shares of JPSWY opened at $28.45 on Wednesday. The stock has a 50 day simple moving average of $26.97 and a 200 day simple moving average of $22.17. Japan Steel Works has a 52-week low of $11.23 and a 52-week high of $33.56. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 1.76. The firm has a market capitalization of $4.23 billion, a PE ratio of 35.56 and a beta of 0.48.

Japan Steel Works (OTCMKTS:JPSWY) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.22 EPS for the quarter. The firm had revenue of $497.32 million for the quarter. Japan Steel Works had a net margin of 7.21% and a return on equity of 9.70%. Sell-side analysts predict that Japan Steel Works will post 0.81 EPS for the current fiscal 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.