Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 163,180 shares were traded during mid-day trading, an increase of 11% from the previous session's volume of 146,863 shares.The stock last traded at $6.37 and had previously closed at $6.47.
Nippon Steel & Sumitomo Metal Stock Performance
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.95 and a quick ratio of 1.01. The company has a market capitalization of $20.05 billion, a price-to-earnings ratio of 8.64 and a beta of 0.77. The stock has a 50-day moving average price of $6.71 and a 200-day moving average price of $6.94.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.04). Nippon Steel & Sumitomo Metal had a net margin of 3.73% and a return on equity of 5.54%. The business had revenue of $14.78 billion for the quarter, compared to analyst estimates of $14.19 billion.
About Nippon Steel & Sumitomo Metal
(
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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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