NIPPON STL & SU/S (OTCMKTS:NSSMY) Share Price Crosses Below 50-Day Moving Average of $16.05

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.05 and traded as low as $14.19. NIPPON STL & SU/S shares last traded at $14.19, with a volume of 555 shares changing hands.

The firm has a market capitalization of $13.49 billion, a PE ratio of 6.82, a P/E/G ratio of 3.94 and a beta of 1.34. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.52. The firm’s fifty day simple moving average is $16.00.


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.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

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