NIPPON STL & SU/S (OTCMKTS:NSSMY) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMYGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

NIPPON STL & SU/S Price Performance

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 company has a market capitalization of $6.12 billion, a P/E ratio of 2.32, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The business’s 50-day moving average is $6.70 and its two-hundred day moving average is $7.08.

NIPPON STL & SU/S Company Profile

(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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