NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

NIPPON STL & SU/S (OTCMKTS:NSSMYGet 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 $6.04 and traded as low as $3.95. NIPPON STL & SU/S shares last traded at $4.04, with a volume of 112,400 shares changing hands.

NIPPON STL & SU/S Stock Performance

The firm’s 50-day moving average price is $4.80 and its 200-day moving average price is $6.04. 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 stock has a market cap of $3.84 billion, a P/E ratio of 1.46, a PEG 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.

Further Reading

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