Japan Steel Works (OTCMKTS:JPSWY) Announces Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Japan Steel Works (OTCMKTS:JPSWY) released its earnings results on Wednesday. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.07, Zacks reports. Japan Steel Works had a return on equity of 8.81% and a net margin of 7.41%.

Japan Steel Works Price Performance

OTCMKTS:JPSWY traded down $1.10 on Wednesday, reaching $28.21. 6 shares of the company’s stock traded hands, compared to its average volume of 227. The company has a quick ratio of 1.19, a current ratio of 2.18 and a debt-to-equity ratio of 0.27. The stock has a 50-day simple moving average of $30.64 and a 200-day simple moving average of $29.92. The firm has a market cap of $4.15 billion, a PE ratio of 30.33 and a beta of 0.40. Japan Steel Works has a 12 month low of $19.20 and a 12 month high of $40.40.

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.