JFE Holdings, Inc. (OTCMKTS:JFEEF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,894,200 shares, a growth of 196.5% from the August 31st total of 976,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 28,942.0 days.
JFE Price Performance
JFEEF remained flat at $14.26 on Friday. The company’s fifty day simple moving average is $14.26 and its 200 day simple moving average is $15.35. JFE has a 52-week low of $13.47 and a 52-week high of $17.16. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.60 and a quick ratio of 0.75.
JFE (OTCMKTS:JFEEF – Get Free Report) last released its quarterly earnings data on Monday, August 5th. The company reported $0.27 earnings per share for the quarter. The firm had revenue of $7.77 billion during the quarter. JFE had a return on equity of 6.56% and a net margin of 3.24%.
JFE Company Profile
JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.
Featured Articles
- Five stocks we like better than JFE
- Stock Splits, Do They Really Impact Investors?
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Basic Materials Stocks Investing
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for JFE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFE and related companies with MarketBeat.com's FREE daily email newsletter.