Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 7,500 shares, a decline of 56.6% from the April 30th total of 17,300 shares. Based on an average daily volume of 244,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Nippon Steel Stock Down 0.5%
NPSCY traded down $0.03 during midday trading on Friday, hitting $6.66. The company had a trading volume of 192,788 shares, compared to its average volume of 139,629. Nippon Steel has a 52 week low of $6.11 and a 52 week high of $8.00. The company has a quick ratio of 1.03, a current ratio of 1.93 and a debt-to-equity ratio of 0.35. 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 price is $6.82 and its 200 day moving average price is $6.96.
Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.04). Nippon Steel had a net margin of 5.34% and a return on equity of 8.17%. The company 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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