Japan Steel Works (OTCMKTS:JPSWY) Sets New 1-Year High – Here’s Why

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $20.61 and last traded at $20.61, with a volume of 8 shares trading hands. The stock had previously closed at $17.55.

Japan Steel Works Stock Performance

The business’s 50 day simple moving average is $15.38 and its two-hundred day simple moving average is $13.92. The firm has a market capitalization of $2.84 billion, a PE ratio of 29.26 and a beta of 0.62. The company has a current ratio of 1.76, a quick ratio of 1.05 and a debt-to-equity ratio of 0.08.

Japan Steel Works (OTCMKTS:JPSWY) last released its quarterly earnings results on Monday, August 5th. The company reported $0.17 EPS for the quarter. The firm had revenue of $305.35 million during the quarter. Japan Steel Works had a net margin of 6.27% and a return on equity of 9.34%.

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.