Japan Steel Works (OTCMKTS:JPSWY) Hits New 12-Month Low – Should You Sell?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWYGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $21.90 and last traded at $24.00, with a volume of 103 shares changing hands. The stock had previously closed at $23.95.

Japan Steel Works Stock Up 2.6%

The company has a 50-day moving average price of $27.84 and a 200 day moving average price of $28.77. The firm has a market capitalization of $3.39 billion, a PE ratio of 26.47 and a beta of 0.34. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.41 and a quick ratio of 1.19.

Japan Steel Works (OTCMKTS:JPSWYGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. Japan Steel Works had a return on equity of 8.48% and a net margin of 7.01%.The business had revenue of $466.91 million for the quarter, compared to the consensus estimate of $575.14 million.

Japan Steel Works Company Profile

(Get Free Report)

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.

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