Japan Steel Works (OTCMKTS:JPSWY) Announces Earnings Results

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

Japan Steel Works Stock Performance

JPSWY traded down $1.10 during trading on Wednesday, reaching $28.21. 17 shares of the company’s stock were exchanged, compared to its average volume of 227. Japan Steel Works has a fifty-two week low of $19.20 and a fifty-two week high of $40.40. 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 business has a 50 day moving average price of $30.64 and a 200 day moving average price of $29.92. The company has a market capitalization of $4.15 billion, a P/E ratio of 30.33 and a beta of 0.40.

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.