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

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Japan Steel Works Stock Down 4.7 %

The firm’s 50-day moving average price is $19.45 and its 200 day moving average price is $18.12. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 24.30 and a beta of 0.65. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.84 and a quick ratio of 0.99.

Japan Steel Works (OTCMKTS:JPSWY) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.30 EPS for the quarter. The business had revenue of $423.13 million for the quarter. Japan Steel Works had a net margin of 7.01% and a return on equity of 10.56%. Sell-side analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS 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.