|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||14.89 - 14.92|
|52-week range||6.61 - 16.85|
|Beta (5Y monthly)||1.93|
|PE ratio (TTM)||12.33|
|Forward dividend & yield||0.63 (4.00%)|
|Ex-dividend date||29 Sept 2021|
|1y target est||N/A|
Jfe Holdings Inc. (JFEEF) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Japan's second-biggest steelmaker JFE Holdings Inc will study the feasibility of forming a joint venture with its Indian partner JSW Steel to make and sell electromagnetic steel sheet used in transformers, it said on Friday. "Demand for electromagnetic steel sheet is expected to grow to reflect soaring demand for electric power in India," JFE President Koji Kakigi told a news conference about its new four-year business plan. "We can dominate the Indian (electromagnetic steel) market by sharing our cutting-edge technology," he said, adding that they aim to make a final decision by next March.
BHP Group said on Wednesday it would invest up to $15 million over five years as part of a deal with Japan's JFE Steel to look at technologies and other ways to lower emissions from the steel-making process. BHP is the world's biggest listed miner and biggest coking coal producer. Combined with iron ore, also mined by BHP, coking coal is used to make steel, producing millions of tonnes of CO2.