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

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMY) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.05 and traded as low as $6.60. NIPPON STL & SU/S shares last traded at $6.71, with a volume of 434,724 shares changing hands.

NIPPON STL & SU/S Price Performance

The firm has a market cap of $6.38 billion, a PE ratio of 2.42, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average price of $6.72 and a 200 day moving average price of $7.05.

NIPPON STL & SU/S Company Profile

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.