Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 12.1% – Should You Sell?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) dropped 12.1% during mid-day trading on Tuesday . The stock traded as low as $29.88 and last traded at $29.88. Approximately 138 shares traded hands during trading, a decline of 50% from the average daily volume of 275 shares. The stock had previously closed at $34.01.

Japan Steel Works Stock Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.16 and a current ratio of 2.18. The company has a fifty day moving average of $29.27 and a two-hundred day moving average of $30.35. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 32.25 and a beta of 0.27.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The firm had revenue of $417.46 million for the quarter, compared to analyst estimates of $486.28 million. Japan Steel Works had a return on equity of 8.80% and a net margin of 7.41%. As a group, equities research analysts predict that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current fiscal year.

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.