Free Trial

NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

NIPPON STL & SU/S logo with Basic Materials background

Key Points

  • NIPPON STL & SU/S's share price fell below its 200-day moving average of $6.89, trading as low as $6.66 before closing at $6.68.
  • The company has a market capitalization of $6.35 billion and a P/E ratio of 2.41, indicating a potentially low valuation compared to earnings.
  • NIPPON STL & SU/S operates in various segments including steelmaking and steel fabrication, reflecting its diverse business model in the metals industry.
  • Need better tools to track NIPPON STL & SU/S? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

NIPPON STL & SU/S (OTCMKTS:NSSMY - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.89 and traded as low as $6.66. NIPPON STL & SU/S shares last traded at $6.68, with a volume of 125,973 shares traded.

NIPPON STL & SU/S Stock Up 1.6%

The firm has a market cap of $6.51 billion, a PE ratio of 2.47, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The company has a 50-day simple moving average of $6.49 and a 200-day simple moving average of $6.90. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.22 and a quick ratio of 0.51.

About NIPPON STL & SU/S

(Get Free Report)

Nippon Steel & Sumitomo Metal Corporation engages in steelmaking and steel fabrication businesses worldwide. It operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New materials, and System Solutions. The company offers steel plates; hot- and cold-rolled steel sheets and coils, coated steel sheets, color coated steel sheets, electrolytic tin plates, and electrical steel sheets; bar and rod materials; and structural steel products.

See Also

Should You Invest $1,000 in NIPPON STL & SU/S Right Now?

Before you consider NIPPON STL & SU/S, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NIPPON STL & SU/S wasn't on the list.

While NIPPON STL & SU/S currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines