Japan Steel Works (OTCMKTS:JPSWY) Stock Passes Above 50 Day Moving Average – What’s Next?

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $19.20 and traded as high as $19.25. Japan Steel Works shares last traded at $19.25, with a volume of 7 shares changing hands.

Japan Steel Works Stock Up 2.1 %

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.05 and a current ratio of 1.84. The firm has a fifty day simple moving average of $19.20 and a 200-day simple moving average of $16.18. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 27.50 and a beta of 0.64.

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.