NIPPON STL & SU/S (OTCMKTS:NSSMY) Sets New 52-Week Low – Here’s Why

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.62 and last traded at $6.64, with a volume of 76751 shares changing hands. The stock had previously closed at $6.80.

NIPPON STL & SU/S Stock Down 2.4 %

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 stock’s 50-day simple moving average is $6.97 and its 200 day simple moving average is $7.17. The firm has a market cap of $6.31 billion, a P/E ratio of 2.45, a PEG ratio of 3.94 and a beta of 1.35.

About NIPPON STL & SU/S

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.