Japan Steel Works (OTCMKTS:JPSWY) Stock Price Passes Above Fifty Day Moving Average of $9.86

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.86 and traded as high as $12.48. Japan Steel Works shares last traded at $12.48, with a volume of 36 shares changing hands.

Japan Steel Works Stock Up 2.3 %

The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 14.51 and a beta of 0.78. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.12 and a current ratio of 1.86. The business’s 50 day moving average is $9.86 and its 200 day moving average is $9.04.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $431.40 million for the quarter. Japan Steel Works had a net margin of 7.13% and a return on equity of 7.97%. Sell-side analysts anticipate that The Japan Steel Works, Ltd. will post 0.63 earnings per share for the current year.

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.