Free Trial

NIPPON STL & SU/S (OTCMKTS:NSSMY) Shares Pass Below 200-Day Moving Average - Should You Sell?

NIPPON STL & SU/S logo with Basic Materials background

NIPPON STL & SU/S (OTCMKTS:NSSMY - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.95 and traded as low as $6.24. NIPPON STL & SU/S shares last traded at $6.47, with a volume of 578,220 shares.

NIPPON STL & SU/S Stock Up 1.9%

The company has a debt-to-equity ratio of 0.52, a current ratio of 1.22 and a quick ratio of 0.51. The company has a market capitalization of $6.15 billion, a P/E ratio of 2.34, a PEG ratio of 3.94 and a beta of 1.35. The company has a 50 day moving average of $6.72 and a 200-day moving average of $6.95.

NIPPON STL & SU/S Company Profile

(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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

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

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines