Japan Steel Works (OTCMKTS:JPSWY) Trading Down 12% – Should You Sell?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) traded down 12% during trading on Friday . The stock traded as low as $21.5725 and last traded at $21.5725. Approximately 26 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 232 shares. The stock had previously closed at $24.52.

Japan Steel Works Trading Down 9.9%

The stock has a market cap of $3.25 billion, a PE ratio of 25.39 and a beta of 0.35. The stock has a 50-day moving average price of $25.05 and a two-hundred day moving average price of $28.26. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.33.

Japan Steel Works (OTCMKTS:JPSWY) last posted its earnings results on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.The company had revenue of $466.91 million for the quarter, compared to the consensus estimate of $575.14 million.

About Japan Steel Works

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.