Nippon Steel Co. (OTCMKTS:NPSCY – Get Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $6.25 and last traded at $6.40, with a volume of 348534 shares changing hands. The stock had previously closed at $6.47.
Nippon Steel Stock Performance
The stock’s 50 day simple moving average is $6.74 and its two-hundred day simple moving average is $7.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.97 and a quick ratio of 1.03. The stock has a market cap of $20.63 billion, a P/E ratio of 6.21 and a beta of 0.93.
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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