Nippon Steel Co. (OTCMKTS:NPSCY – Get Free Report)’s share price traded down 0.3% during mid-day trading on Thursday . The company traded as low as $6.77 and last traded at $6.77. 106,373 shares traded hands during trading, an increase of 52% from the average session volume of 69,811 shares. The stock had previously closed at $6.79.
Nippon Steel Stock Performance
The company has a market cap of $22.09 billion, a price-to-earnings ratio of 6.59 and a beta of 0.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.87 and a quick ratio of 0.96. The firm has a fifty day simple moving average of $6.85 and a 200 day simple moving average of $7.13.
About Nippon Steel
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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