Japan Steel Works (OTCMKTS:JPSWY) Issues Earnings Results, Misses Expectations By $0.04 EPS

Japan Steel Works (OTCMKTS:JPSWY) issued its quarterly earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04), Zacks reports. Japan Steel Works had a return on equity of 8.17% and a net margin of 7.83%.

Japan Steel Works Trading Up 4.9%

JPSWY traded up $0.85 on Tuesday, reaching $18.15. 111 shares of the company traded hands, compared to its average volume of 189. The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The company has a market cap of $2.70 billion, a P/E ratio of 19.95 and a beta of 0.46. The firm has a fifty day simple moving average of $22.01 and a two-hundred day simple moving average of $26.07. Japan Steel Works has a one year low of $16.30 and a one year high of $40.40.

Japan Steel Works Company Profile

Japan Steel Works, Ltd. is a Japanese manufacturer of industrial machinery and steel products. Its offerings include large steel castings and forgings, as well as equipment used in energy, infrastructure and manufacturing applications.

The company also makes machinery for processing plastics, including injection molding machines and extruders. Its products serve industries such as automotive, electronics, chemicals and packaging, while its heavy steel products are used in areas including power generation and industrial equipment.

Founded in 1907 in Muroran, Hokkaido, Japan Steel Works has expanded from its early steelmaking roots to serve customers in Japan and international markets.