Jfe Holdings Inc. (OTCMKTS:JFEEF – Get Free Report) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 1,728,542 shares, a decline of 37.5% from the April 15th total of 2,767,422 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 313 shares, the short-interest ratio is presently 5,522.5 days.
JFE Price Performance
OTCMKTS JFEEF remained flat at $10.85 during trading hours on Friday. The company has a current ratio of 1.71, a quick ratio of 0.89 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $2.01 billion, a P/E ratio of 15.66 and a beta of 0.23. JFE has a 1 year low of $10.14 and a 1 year high of $15.00. The company has a 50 day moving average price of $11.86 and a 200-day moving average price of $12.55.
JFE (OTCMKTS:JFEEF – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.30). The business had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.73 billion. JFE had a net margin of 1.54% and a return on equity of 2.68%.
About JFE
JFE Holdings, Inc (OTCMKTS: JFEEF) is a Tokyo‐based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat‐rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers.
Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.
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