NIPPON STL & SU/S (OTCMKTS:NSSMY) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.40 and traded as low as $4.22. NIPPON STL & SU/S shares last traded at $4.24, with a volume of 110,549 shares.

NIPPON STL & SU/S Trading Down 0.7%

The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 1.52, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The company has a fifty day moving average price of $4.03 and a 200-day moving average price of $5.40. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.52.

NIPPON STL & SU/S Company Profile

Nippon Steel & Sumitomo Metal Corporation, trading as OTCMKTS:NSSMY, is a leading Japanese integrated steel producer formed through the 2012 merger of Nippon Steel and Sumitomo Metal Industries. Headquartered in Tokyo, the company operates across the entire steel value chain, from raw material procurement and coke-making to steelmaking, rolling, coating and finishing. It leverages advanced blast furnace and electric arc furnace technologies to support a diversified portfolio of steel offerings.

The company’s product lineup encompasses a broad range of flat and long steel products, including hot-rolled and cold-rolled sheets, galvanized steel, plates, wire rods, rails, pipes and tubes.