JFE (OTCMKTS:JFEEF) Announces Quarterly Earnings Results, Misses Estimates By $0.11 EPS

JFE (OTCMKTS:JFEEF) announced its earnings results on Friday. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.11), Zacks reports. JFE had a return on equity of 3.53% and a net margin of 2.05%.

JFE Price Performance

Shares of JFE stock remained flat at $11.55 during trading on Friday. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 0.57. The business’s 50-day moving average is $11.65 and its two-hundred day moving average is $11.68. The stock has a market cap of $2.13 billion, a PE ratio of 12.97 and a beta of 0.24. JFE has a 1 year low of $9.45 and a 1 year high of $15.00.

JFE Company Profile

JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.

The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.