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

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped up before the market opened 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 changing hands.

Japan Steel Works Stock Up 2.9%

The firm has a market capitalization of $2.65 billion, a PE ratio of 19.57 and a beta of 0.46. The company has a fifty day simple moving average of $22.01 and a two-hundred day simple moving average of $26.07. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.33.

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

About Japan Steel Works

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.