Nippon Steel (OTCMKTS:NISTF) Shares Down 2.4% – What’s Next?

Nippon Steel Co. (OTCMKTS:NISTFGet Free Report)’s share price fell 2.4% during trading on Tuesday . The stock traded as low as $21.44 and last traded at $21.97. 2,160 shares changed hands during trading, a decline of 28% from the average session volume of 2,997 shares. The stock had previously closed at $22.52.

Nippon Steel Price Performance

The stock’s fifty day moving average is $20.02 and its two-hundred day moving average is $20.83.

Nippon Steel Company Profile

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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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