Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) Hits New 12-Month Low - Should You Sell?

Key Points

• Nippon Steel & Sumitomo Metal experienced a significant drop, hitting a new 52-week low of $4.20 during trading, compared to a previous close of $7.19.
• The company reported a quarterly loss of ($0.43) EPS, missing analysts' expectations of $0.61, along with a revenue of $13.56 billion, falling short of the $13.63 billion estimate.
• Nippon Steel has a market capitalization of $13.51 billion, with a negative net margin of 0.42% and a debt-to-equity ratio of 0.46.

Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as $4.20 and last traded at $4.27, with a volume of 63262 shares trading hands. The stock had previously closed at $7.19.

Nippon Steel & Sumitomo Metal Price Performance

The firm has a market capitalization of $13.51 billion, a P/E ratio of -139.62 and a beta of 0.71. The business has a 50-day moving average of $7.08 and a 200 day moving average of $6.86. The company has a current ratio of 1.06, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by ($1.04). The company had revenue of $13.56 billion for the quarter, compared to analyst estimates of $13.63 billion. Nippon Steel & Sumitomo Metal had a negative net margin of 0.42% and a negative return on equity of 0.61%.

Nippon Steel & Sumitomo Metal Company Profile

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.

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