The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) Short Interest Down 96.2% in May

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 33 shares, a decline of 96.2% from the May 14th total of 872 shares. Based on an average daily volume of 1,137 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Japan Steel Works Price Performance

Shares of OTCMKTS:JPSWY traded up $0.05 on Tuesday, hitting $24.00. The stock had a trading volume of 103 shares, compared to its average volume of 390. Japan Steel Works has a twelve month low of $21.90 and a twelve month high of $40.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.19 and a current ratio of 2.18. The firm’s 50 day moving average price is $28.03 and its 200-day moving average price is $28.89. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 27.59 and a beta of 0.34.

Japan Steel Works (OTCMKTS:JPSWY) last issued its earnings results 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 net margin of 7.01% and a return on equity of 8.57%. The company had revenue of $466.91 million for the quarter, compared to the consensus estimate of $575.14 million.

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.