JFE (OTCMKTS:JFEEF) Releases Quarterly Earnings Results

JFE (OTCMKTS:JFEEF) released its quarterly earnings results on Thursday. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05, Zacks reports. JFE had a net margin of 1.49% and a return on equity of 2.76%. The business had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.83 billion.

JFE Price Performance

JFEEF remained flat at $12.04 during trading on Friday. The stock’s fifty day simple moving average is $12.34 and its 200-day simple moving average is $12.22. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.58 and a quick ratio of 0.79. JFE has a 52 week low of $10.40 and a 52 week high of $13.30. The firm has a market capitalization of $7.66 billion, a price-to-earnings ratio of 16.96 and a beta of 0.50.

About JFE

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.