NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Key Points

• The share price of NIPPON STL & SU/S has surpassed its 50-day moving average, currently trading at $7.18 after reaching a high of $7.30.
• With a market cap of $6.82 billion, the company has a low P/E ratio of 2.59 and a debt-to-equity ratio of 0.52.
• Nippon Steel & Sumitomo Metal Corporation operates in various segments, including steelmaking, engineering, chemicals, and system solutions.

NIPPON STL & SU/S (OTCMKTS:NSSMY - )'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $7.03 and traded as high as $7.30. NIPPON STL & SU/S shares last traded at $7.18, with a volume of 102,269 shares.

NIPPON STL & SU/S Stock Up 0.8%

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 firm has a 50-day simple moving average of $7.03 and a two-hundred day simple moving average of $6.86. The company has a market cap of $6.82 billion, a PE ratio of 2.59, a P/E/G ratio of 3.94 and a beta of 1.35.

NIPPON STL & SU/S Company Profile

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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