Separately, Zacks Investment Research cut JFE from a strong-buy rating to a hold rating in a research note on Wednesday, March 20th.
OTCMKTS:JFEEF remained flat at $$13.96 during mid-day trading on Friday. The business has a 50 day moving average of $15.22. The company has a market capitalization of $8.04 billion, a price-to-earnings ratio of 6.02, a PEG ratio of 8.26 and a beta of 0.60. JFE has a 52 week low of $13.87 and a 52 week high of $17.70. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.73 and a quick ratio of 0.91.
JFE Holdings, Inc operates as a holding company which provides strategic planning, risk management, accountability and corporate communications for all the subsidiaries and affiliates. It operates through the following segments: Steel, Engineering and Commercial Affairs. The Steel segment includes steel products, steel processing products, and raw materials.
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