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NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Price Passes 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) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.96 and traded as low as $6.50. NIPPON STL & SU/S shares last traded at $6.60, with a volume of 112,313 shares trading hands.

NIPPON STL & SU/S Price Performance

The stock's fifty day moving average price is $6.74 and its 200-day moving average price is $6.96. 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 market cap of $6.20 billion, a price-to-earnings ratio of 2.36, 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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