Japan Steel Works (OTCMKTS:JPSWY) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.45 and traded as high as $20.14. Japan Steel Works shares last traded at $20.14, with a volume of 4 shares.

Japan Steel Works Stock Down 4.7 %

The stock has a market capitalization of $2.86 billion, a PE ratio of 24.30 and a beta of 0.65. The firm’s fifty day moving average is $19.45 and its 200-day moving average is $18.12. The company has a quick ratio of 0.99, a current ratio of 1.84 and a debt-to-equity ratio of 0.10.

Japan Steel Works (OTCMKTS:JPSWY) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.30 earnings per share (EPS) for the quarter. The firm had revenue of $423.13 million during the quarter. Japan Steel Works had a net margin of 7.01% and a return on equity of 10.56%. On average, equities research analysts predict that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current year.

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.