Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – Should You Buy?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped up prior to trading on Monday . The stock had previously closed at $22.3150, but opened at $23.95. Japan Steel Works shares last traded at $23.95, with a volume of 10 shares changing hands.

Japan Steel Works Price Performance

The company’s fifty day moving average is $28.28 and its 200 day moving average is $29.00. 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 stock has a market cap of $3.53 billion, a PE ratio of 27.53 and a beta of 0.34.

Japan Steel Works (OTCMKTS:JPSWY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. Japan Steel Works had a net margin of 7.01% and a return on equity of 8.57%. The firm had revenue of $466.91 million for the quarter, compared to analyst estimates of $575.14 million.

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.