Japan Steel Works (OTCMKTS:JPSWY) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $19.47 and traded as high as $21.46. Japan Steel Works shares last traded at $21.46, with a volume of 5 shares traded.

Japan Steel Works Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.99 and a current ratio of 1.84. The firm has a market cap of $3.19 billion, a P/E ratio of 27.16 and a beta of 0.61. The company’s 50 day moving average is $19.47 and its 200 day moving average is $18.98.

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

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.