Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY) Short Interest Update

Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 39,065 shares, a decrease of 14.1% from the January 29th total of 45,490 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 272,957 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 272,957 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Nippon Steel & Sumitomo Metal Trading Down 1.5%

OTCMKTS:NPSCY opened at $3.96 on Wednesday. The stock has a market cap of $21.28 billion, a PE ratio of -79.20 and a beta of 0.71. Nippon Steel & Sumitomo Metal has a fifty-two week low of $3.66 and a fifty-two week high of $4.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 0.53. The stock’s 50-day moving average is $4.23 and its two-hundred day moving average is $4.87.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). Nippon Steel & Sumitomo Metal had a negative return on equity of 0.61% and a negative net margin of 0.42%.The company had revenue of $16.73 billion for the quarter, compared to analyst estimates of $17.13 billion.

Nippon Steel & Sumitomo Metal Company Profile

Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.

The company’s product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.