Japan Steel Works (OTCMKTS:JPSWY) Shares Gap Down - Here's What Happened

The Japan Steel Works, Ltd. (OTCMKTS:JPSWY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $32.02, but opened at $30.56. Japan Steel Works shares last traded at $30.56, with a volume of 1,011 shares trading hands.Get Japan Steel Works alerts:Analyst Upgrades and DowngradesSeparately, The Goldman Sachs Group assumed coverage on shares of Japan Steel Works in a research note on Thursday, September 25th. They issued a "buy" rating for the company. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Japan Steel Works currently has a consensus rating of "Moderate Buy".View Our Latest Analysis on JPSWYJapan Steel Works Trading Down 4.6%The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.16 and a current ratio of 2.18. The firm has a market capitalization of $4.55 billion, a P/E ratio of 30.56 and a beta of 0.29. The firm has a 50 day moving average price of $28.34 and a two-hundred day moving average price of $30.37. Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. Japan Steel Works had a net margin of 7.97% and a return on equity of 10.37%. The business had revenue of $444.78 million for the quarter, compared to analyst estimates of $428.31 million. On average, equities research analysts expect that The Japan Steel Works, Ltd. will post 0.81 EPS for the current fiscal year. About Japan Steel Works (Get Free Report)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.See AlsoFive stocks we like better than Japan Steel WorksElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyA U.S. “birthright” claim worth trillions - activated quietlyRefund From 1933: Trump’s Reset May Create Instant WealthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Japan Steel Works Right Now?Before you consider Japan Steel Works, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Japan Steel Works wasn't on the list.While Japan Steel Works currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here