Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 7,500 shares, a decrease of 56.6% from the April 30th total of 17,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 244,100 shares, the days-to-cover ratio is presently 0.0 days.
Nippon Steel Stock Performance
Shares of OTCMKTS:NPSCY traded down $0.13 on Tuesday, hitting $6.66. The company's stock had a trading volume of 182,860 shares, compared to its average volume of 142,590. Nippon Steel has a 12 month low of $6.11 and a 12 month high of $8.00. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 6.79 and a beta of 0.83. The stock's 50-day moving average is $6.77 and its two-hundred day moving average is $6.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.93.
Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.04). Nippon Steel had a return on equity of 8.17% and a net margin of 5.34%. The business had revenue of $14.78 billion during the quarter, compared to the consensus estimate of $14.19 billion.
About Nippon Steel
(
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Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.
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