Kobe Steel (OTCMKTS:KBSTF) Trading Down 10.6% – Time to Sell?

Kobe Steel, Ltd. (OTCMKTS:KBSTFGet Free Report) shares fell 10.6% on Wednesday . The company traded as low as $11.93 and last traded at $11.93. 101 shares traded hands during trading, a decline of 93% from the average session volume of 1,433 shares. The stock had previously closed at $13.34.

Kobe Steel Stock Down 10.6 %

The business has a fifty day moving average of $10.57 and a 200 day moving average of $10.79.

Kobe Steel Company Profile

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Kobe Steel, Ltd. engages in the materials, machinery, and electric power businesses worldwide. The company offers steel sheet products, including high-tensile strength, hot and cold rolled, electro-galvanized, and hot-dipped galvanized steel sheets; steel wire rods and bars; and aluminum and steel plates.

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