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NIPPON STL & SU/S (OTCMKTS:NSSMY) Share Price Crosses Below 200 Day Moving Average - Here's Why

NIPPON STL & SU/S logo with Basic Materials background

NIPPON STL & SU/S (OTCMKTS:NSSMY - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

NIPPON STL & SU/S Trading Down 2.0%

The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.52. The business has a 50 day moving average price of $6.72 and a 200-day moving average price of $6.95. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 2.29, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35.

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.

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