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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares gapped up prior to trading on Tuesday. The stock had previously closed at $16.7450, but opened at $18.15. Japan Steel Works shares last traded at $17.2950, with a volume of 101 shares traded.

Japan Steel Works Trading Up 2.9%

The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $2.65 billion, a P/E ratio of 19.57 and a beta of 0.46. The stock’s 50 day moving average price is $22.01 and its 200-day moving average price is $26.07.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly 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). Japan Steel Works had a net margin of 7.83% and a return on equity of 8.17%.

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.

Founded in 1907 in Muroran, Hokkaido, Japan Steel Works has expanded from its early steelmaking roots to serve customers in Japan and international markets.