The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Up 77.9% in July

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 772 shares, a growth of 77.9% from the June 30th total of 434 shares. Based on an average trading volume of 94 shares, the days-to-cover ratio is presently 8.2 days. Approximately 0.0% of the company’s shares are sold short.

Japan Steel Works Stock Down 1.0%

Shares of JPSWY stock traded down $0.23 during trading on Thursday, reaching $22.23. The company’s stock had a trading volume of 17 shares, compared to its average volume of 34. Japan Steel Works has a one year low of $21.57 and a one year high of $40.40. The business has a fifty day moving average price of $24.32 and a 200-day moving average price of $28.09. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 25.55 and a beta of 0.35. The company has a quick ratio of 1.33, a current ratio of 2.41 and a debt-to-equity ratio of 0.35.

Japan Steel Works (OTCMKTS:JPSWY) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $466.91 million during the quarter, compared to analysts’ expectations 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.