Japan Steel Works (OTCMKTS:JPSWY) Shares Up 9.2% – Time to Buy?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report)’s share price traded up 9.2% during mid-day trading on Friday . The stock traded as high as $25.00 and last traded at $25.00. Approximately 2 shares changed hands during trading, a decline of 99% from the average session volume of 206 shares. The stock had previously closed at $22.90.

Japan Steel Works Stock Down 7.5%

The stock has a 50 day moving average price of $23.73 and a 200 day moving average price of $26.49. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.33. The company has a market capitalization of $3.48 billion, a P/E ratio of 25.71 and a beta of 0.35.

Japan Steel Works Company Profile

(Get Free Report)

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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