Short Interest in The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Declines By 49.2%

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 392 shares, a drop of 49.2% from the July 15th total of 772 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 63 shares, the days-to-cover ratio is presently 6.2 days.

Japan Steel Works Price Performance

Shares of OTCMKTS:JPSWY traded up $1.43 during trading on Friday, reaching $24.67. The stock had a trading volume of 1 shares, compared to its average volume of 34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.33 and a current ratio of 2.41. Japan Steel Works has a 1-year low of $21.57 and a 1-year high of $40.40. The stock has a market cap of $3.67 billion, a PE ratio of 27.11 and a beta of 0.35. The business has a fifty day moving average price of $24.23 and a 200-day moving average price of $27.64.

Japan Steel Works (OTCMKTS:JPSWY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. The firm had revenue of $466.91 million during the quarter, compared to the consensus estimate of $575.14 million. Japan Steel Works had a return on equity of 8.14% and a net margin of 7.83%.

About Japan Steel Works

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.