Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Up – Should You Buy?

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) gapped up before the market opened on Monday . The stock had previously closed at $22.3150, but opened at $23.95. Japan Steel Works shares last traded at $23.95, with a volume of 10 shares.

Japan Steel Works Stock Performance

The firm has a market capitalization of $3.53 billion, a PE ratio of 27.53 and a beta of 0.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.19 and a current ratio of 2.18. The company’s fifty day moving average price is $28.28 and its two-hundred day moving average price is $29.00.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings data 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 business had revenue of $466.91 million for the quarter, compared to analyst estimates of $575.14 million. Japan Steel Works had a net margin of 7.01% and a return on equity of 8.57%.

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.