Japan Steel Works (OTCMKTS:JPSWY) Trading 6.7% Higher – Here’s Why

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report) rose 6.7% during trading on Wednesday . The company traded as high as $23.80 and last traded at $23.75. 103 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 212 shares. The stock had previously closed at $22.25.

Japan Steel Works Price Performance

The firm has a market cap of $3.54 billion, a P/E ratio of 26.10 and a beta of 0.36. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.33. The company’s 50-day moving average is $24.00 and its two-hundred day moving average is $27.18.

Japan Steel Works Company Profile

(Get Free Report)

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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