NIPPON STL & SU/S (OTCMKTS:NSSMY) Shares Cross Below 200-Day Moving Average – Here’s Why

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMYGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.16 and traded as low as $4.00. NIPPON STL & SU/S shares last traded at $4.01, with a volume of 109,719 shares.

NIPPON STL & SU/S Stock Performance

The business’s fifty day simple moving average is $5.23 and its 200-day simple moving average is $6.16. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.51 and a current ratio of 1.22. The firm has a market capitalization of $3.81 billion, a PE ratio of 1.45, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35.

About NIPPON STL & SU/S

(Get Free Report)

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.

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