The Japan Steel Works, Ltd. (OTCMKTS:JPSWY – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 33 shares, a decline of 96.2% from the May 14th total of 872 shares. Based on an average daily trading volume, of 1,137 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Japan Steel Works Trading Up 2.6%
Shares of Japan Steel Works stock traded up $0.58 during trading hours on Thursday, hitting $23.03. The company’s stock had a trading volume of 383 shares, compared to its average volume of 259. The company has a quick ratio of 1.19, a current ratio of 2.41 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $3.39 billion, a PE ratio of 26.47 and a beta of 0.34. The business has a fifty day moving average of $27.93 and a 200 day moving average of $28.82. Japan Steel Works has a 1-year low of $21.90 and a 1-year high of $40.40.
Japan Steel Works (OTCMKTS:JPSWY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.07. The business had revenue of $466.91 million for the quarter, compared to analyst estimates of $575.14 million. Japan Steel Works had a net margin of 7.01% and a return on equity of 8.48%.
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.
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