Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) Issues Quarterly Earnings Results

Key Points

• Nippon Steel & Sumitomo Metal reported a quarterly earnings result with an EPS of ($0.43), along with a return on equity of 5.54% and a net margin of 3.73%.
• The company has a current ratio of 1.95 and a debt-to-equity ratio of 0.34, indicating strong liquidity and manageable debt levels.
• As of the report, the stock opened at $6.50 and has a market capitalization of $20.96 billion, with a P/E ratio of 9.03.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) released its earnings results on Friday. The company reported ($0.43) EPS for the quarter, Zacks reports. Nippon Steel & Sumitomo Metal had a return on equity of 5.54% and a net margin of 3.73%.

Nippon Steel & Sumitomo Metal Stock Performance

Shares of NPSCY opened at $6.50 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.01 and a current ratio of 1.95. The stock has a 50 day moving average price of $6.50 and a two-hundred day moving average price of $6.89. The firm has a market capitalization of $20.96 billion, a P/E ratio of 9.03 and a beta of 0.73. Nippon Steel & Sumitomo Metal has a 52 week low of $6.10 and a 52 week high of $8.00.

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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