JFE (OTCMKTS:JFEEF) Posts Quarterly Earnings Results

JFE (OTCMKTS:JFEEF – Get Free Report) posted its earnings results on Friday. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.11), Zacks reports. JFE had a return on equity of 3.53% and a net margin of 2.05%.

JFE Price Performance

OTCMKTS:JFEEF remained flat at $11.55 during mid-day trading on Friday. The firm’s 50 day moving average price is $11.63 and its 200-day moving average price is $11.69. The stock has a market capitalization of $2.13 billion, a P/E ratio of 12.65 and a beta of 0.24. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 0.57. JFE has a 52 week low of $9.45 and a 52 week high of $15.00.

About JFE

(Get Free Report)

JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.

The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.

Further Reading

Earnings History for JFE (OTCMKTS:JFEEF)

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