Joy Global Inc. (NYSE:JOY) global leading company in high-productivity mining solutions’ earnings for the fiscal fourth quarter surged 23%as company recorded strong revenue growth. Revenues and earnings topped analyst estimates.
Net sales for the quarter went up 19% to $1.6 billion versus comparable period a year ago. Operating income for the quarter remained$326 million versus operating income of $296 million in fiscal fourth quarter of 2011.
Joy Global Inc. (NYSE:JOY)’s stock on Dec 12, 2012 reported an increase of +3.97% to the closing price of $60.17. Its fifty two weeks range was $47.69 -$96.00. The total market capitalization remained $6.37 billion.
The overall volume in the last trading session was 6.92 million shares. In its share capital JOY has 105.88 million outstanding shares, among them 105.42 million shares have been floated in market exchange.
JOY is ahead of its 52 weeks low with +26.97% and lagging behind from its 52 weeks high price with -36.61%. JOY’s last month’s stock price volatility remained 2.99%. The stock price of JOY is moving up from its 20 days moving average with +6.67% and remote positively from 50 days moving average with +3.18%.
Company’s beta coefficient included 2.11. Beta factor measures the amount of market risk associated with market trade.
JOY’s past twelve months’ price to sales ratio was 1.18 and price to cash ratio remained at 14.03. As far as the returns are concerned, JOY has 19.95% return on investment while its return on assets stayed at 13.35%.
