Nippon Steel Co. (OTCMKTS:NPSCY – Get Free Report) shares dropped 0.8% during mid-day trading on Thursday . The stock traded as low as $6.37 and last traded at $6.43. Approximately 129,938 shares changed hands during trading, a decline of 55% from the average daily volume of 291,284 shares. The stock had previously closed at $6.48.
Nippon Steel Price Performance
The stock’s fifty day moving average price is $6.69 and its 200-day moving average price is $7.02. The firm has a market cap of $21.14 billion, a PE ratio of 6.37 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.97 and a quick ratio of 1.03.
Nippon Steel Company Profile
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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