Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down – Time to Sell?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped down prior to trading on Wednesday . The stock had previously closed at $34.0740, but opened at $32.00. Japan Steel Works shares last traded at $31.22, with a volume of 21 shares traded.

Japan Steel Works Stock Performance

The business’s fifty day moving average is $28.49 and its 200-day moving average is $30.36. The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.22. The company has a market cap of $4.60 billion, a PE ratio of 33.57 and a beta of 0.28.

Japan Steel Works (OTCMKTS:JPSWY) last announced its earnings results on Monday, February 9th. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). Japan Steel Works had a return on equity of 8.80% and a net margin of 7.41%.The company had revenue of $417.46 million during the quarter, compared to the consensus estimate of $486.28 million. As a group, research analysts predict that The Japan Steel Works, Ltd. will post 0.81 EPS for the current fiscal year.

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.