Japan Steel Works (OTCMKTS:JPSWY) Stock Price Down 6.9% – Here’s Why

The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report)’s share price fell 6.9% on Monday . The company traded as low as $23.57 and last traded at $23.57. Approximately 5 shares traded hands during trading, a decline of 98% from the average session volume of 206 shares. The stock had previously closed at $25.31.

Japan Steel Works Stock Performance

The stock’s 50 day moving average is $23.71 and its two-hundred day moving average is $26.42. The firm has a market cap of $3.39 billion, a P/E ratio of 25.03 and a beta of 0.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.19.

Japan Steel Works Company Profile

(Get Free Report)

The Japan Steel Works, Ltd. (JSW) is a Japanese manufacturer of industrial machinery, steel products and related equipment. Founded in 1907 and headquartered in Tokyo, the company originally developed from a joint venture established in Muroran, Hokkaido, and has expanded into a diversified engineering and manufacturing group serving customers in Japan and international markets.

JSW’s industrial machinery operations produce equipment for plastics processing and other manufacturing applications.

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