The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Update

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 520 shares, a growth of 1,475.8% from the May 31st total of 33 shares. Based on an average daily volume of 383 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.0% of the shares of the company are short sold.

Japan Steel Works Stock Performance

JPSWY traded up $0.90 during trading on Thursday, reaching $25.79. 48 shares of the company were exchanged, compared to its average volume of 157. The stock has a market cap of $3.80 billion, a P/E ratio of 29.64 and a beta of 0.34. The firm has a 50 day moving average of $26.78 and a 200 day moving average of $28.56. The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.35. Japan Steel Works has a 52 week low of $21.90 and a 52 week high of $40.40.

Japan Steel Works (OTCMKTS:JPSWY) last issued its earnings results on Wednesday, May 13th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.07. The firm had revenue of $466.91 million for the quarter, compared to analyst estimates of $575.14 million. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.

Japan Steel Works Company Profile

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.