NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Passes Below 200 Day Moving Average – What’s Next?

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.10 and traded as low as $6.11. NIPPON STL & SU/S shares last traded at $6.46, with a volume of 217,907 shares traded.

NIPPON STL & SU/S Price Performance

The company has a market capitalization of $6.14 billion, a P/E ratio of 2.33, a PEG ratio of 3.94 and a beta of 1.35. The stock’s fifty day simple moving average is $6.72 and its 200-day simple moving average is $7.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.22 and a quick ratio of 0.51.

About NIPPON STL & SU/S

Nippon Steel & Sumitomo Metal Corporation engages in steelmaking and steel fabrication businesses worldwide. It operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New materials, and System Solutions. The company offers steel plates; hot- and cold-rolled steel sheets and coils, coated steel sheets, color coated steel sheets, electrolytic tin plates, and electrical steel sheets; bar and rod materials; and structural steel products.