Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $3.75, but opened at $3.64. Nippon Steel & Sumitomo Metal shares last traded at $3.71, with a volume of 2,755 shares changing hands.
Nippon Steel & Sumitomo Metal Stock Performance
The company has a 50-day moving average price of $3.96 and a two-hundred day moving average price of $4.13. The stock has a market capitalization of $20.10 billion, a P/E ratio of -74.80 and a beta of 0.71. The company has a quick ratio of 0.53, a current ratio of 1.12 and a debt-to-equity ratio of 0.51.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $16.73 billion during the quarter, compared to analysts' expectations of $17.13 billion.
About Nippon Steel & Sumitomo Metal
(
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Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.
The company's product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.
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