Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY)’s share price gapped down prior to trading on Friday. The stock had previously closed at $18.9450, but opened at $17.61. Japan Steel Works shares last traded at $17.52, with a volume of 364 shares changing hands.

Japan Steel Works Stock Down 7.4%

The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 20.55 and a beta of 0.46. The business’s fifty day simple moving average is $21.63 and its 200 day simple moving average is $25.86.

Japan Steel Works (OTCMKTS:JPSWY) last posted its earnings results on Tuesday, November 10th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). The business had revenue of $424.60 million for the quarter, compared to the consensus estimate of $490.56 million. Japan Steel Works had a return on equity of 7.82% and a net margin of 7.40%.

Japan Steel Works Company Profile

Japan Steel Works, Ltd. is a Japanese manufacturer of industrial machinery and steel products. Its offerings include large steel castings and forgings, as well as equipment used in energy, infrastructure and manufacturing applications. The company also makes machinery for processing plastics, including injection molding machines and extruders. Its products serve industries such as automotive, electronics, chemicals and packaging, while its heavy steel products are used in areas including power generation and industrial equipment.