Free Trial

NIPPON STL & SU/S (OTCMKTS:NSSMY) Shares Pass Below 200 Day Moving Average - Here's What Happened

NIPPON STL & SU/S logo with Basic Materials background

NIPPON STL & SU/S (OTCMKTS:NSSMY - Get Free Report)'s share price 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.

NIPPON STL & SU/S Stock Performance

The business's fifty day moving average price is $6.74 and its two-hundred day moving average price is $6.96. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.51 and a current ratio of 1.22. The stock has a market capitalization of $6.20 billion, a P/E ratio of 2.36, a P/E/G ratio of 3.94 and a beta of 1.35.

About NIPPON STL & SU/S

(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.

Further Reading

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

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines