Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) Reaches New 1-Year Low - Time to Sell?

Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $6.10 and last traded at $6.13, with a volume of 151445 shares traded. The stock had previously closed at $6.34.

Nippon Steel & Sumitomo Metal Stock Performance

The firm has a 50 day moving average price of $6.67 and a 200 day moving average price of $6.93. The stock has a market cap of $20.09 billion, a PE ratio of 8.65 and a beta of 0.77. The company has a quick ratio of 1.01, a current ratio of 1.95 and a debt-to-equity ratio of 0.34.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.04). The business had revenue of $14.78 billion during the quarter, compared to the consensus estimate of $14.19 billion. Nippon Steel & Sumitomo Metal had a return on equity of 5.54% and a net margin of 3.73%.

About Nippon Steel & Sumitomo Metal

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.