Japan Steel Works (OTCMKTS:JPSWY) Shares Down 6.9% – Here’s Why

The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report) shares fell 6.9% on Monday . The stock traded as low as $23.57 and last traded at $23.57. 5 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 206 shares. The stock had previously closed at $25.31.

Japan Steel Works Stock Performance

The business has a 50-day moving average price of $23.76 and a 200-day moving average price of $26.33. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 27.86 and a beta of 0.35. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30.

Japan Steel Works Company Profile

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The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.

JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.

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