Shares of Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY - Get Free Report) saw strong trading volume on Thursday . 550,251 shares changed hands during trading, an increase of 229% from the previous session's volume of 167,243 shares.The stock last traded at $6.22 and had previously closed at $6.27.
Nippon Steel & Sumitomo Metal Stock Down 0.6%
The stock's 50 day simple moving average is $6.67 and its 200 day simple moving average is $6.93. The stock has a market capitalization of $20.09 billion, a P/E ratio of 8.65 and a beta of 0.77. The company has a current ratio of 1.95, a quick ratio of 1.01 and a debt-to-equity ratio of 0.34.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.04). Nippon Steel & Sumitomo Metal had a return on equity of 5.54% and a net margin of 3.73%. The firm had revenue of $14.78 billion during 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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