The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Up 77.9% in July

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 772 shares, an increase of 77.9% from the June 30th total of 434 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 94 shares, the days-to-cover ratio is currently 8.2 days.

Japan Steel Works Trading Up 6.9%

Shares of JPSWY traded up $1.58 during trading hours on Friday, hitting $24.62. 134 shares of the stock were exchanged, compared to its average volume of 25. Japan Steel Works has a fifty-two week low of $21.57 and a fifty-two week high of $40.40. The business has a 50-day moving average of $24.32 and a 200-day moving average of $28.04. The firm has a market capitalization of $3.62 billion, a P/E ratio of 28.29 and a beta of 0.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.33.

Japan Steel Works (OTCMKTS:JPSWY) last released 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 business had revenue of $466.91 million for 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.