Japan Steel Works (OTCMKTS:JPSWY) Reaches New 1-Year Low – Here’s What Happened

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) reached a new 52-week low during mid-day trading on Saturday . The company traded as low as $21.5725 and last traded at $22.0865, with a volume of 36 shares. The stock had previously closed at $24.52.

Japan Steel Works Trading Down 9.9%

The firm has a market capitalization of $3.25 billion, a P/E ratio of 25.39 and a beta of 0.35. The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.35. The stock has a 50 day simple moving average of $24.87 and a 200-day simple moving average of $28.21.

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

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.