Nippon Steel Co. (OTCMKTS:NISTF – Get Free Report) shares dropped 4% on Tuesday . The company traded as low as $22.09 and last traded at $22.09. Approximately 162 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 2,441 shares. The stock had previously closed at $23.00.
Nippon Steel Stock Down 4.0 %
The stock’s 50 day simple moving average is $20.83 and its two-hundred day simple moving average is $21.05.
About Nippon Steel
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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