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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.
  • MarketBeat previews top five stocks to own in October.

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.

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