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

NIPPON STL & SU/S logo with Basic Materials background

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMY - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.89 and traded as low as $6.28. NIPPON STL & SU/S shares last traded at $6.57, with a volume of 255,673 shares traded.

NIPPON STL & SU/S Stock Performance

The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.52. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 2.42, a P/E/G ratio of 3.94 and a beta of 1.35. The firm's 50-day moving average is $6.50 and its two-hundred day moving average is $6.89.

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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