Nippon Steel (OTCMKTS:NPSCY) Shares Down 0.8% – Should You Sell?

Nippon Steel Co. (OTCMKTS:NPSCYGet Free Report) shares were down 0.8% during mid-day trading on Thursday . The company traded as low as $6.37 and last traded at $6.43. Approximately 129,938 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 291,284 shares. The stock had previously closed at $6.48.

Nippon Steel Stock Performance

The firm has a fifty day moving average price of $6.69 and a 200 day moving average price of $7.02. The company has a current ratio of 1.97, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The firm has a market cap of $21.14 billion, a PE ratio of 6.37 and a beta of 0.93.

Nippon Steel Company Profile

(Get Free Report)

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.

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