NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.05 and traded as low as $4.25. NIPPON STL & SU/S shares last traded at $4.49, with a volume of 365,393 shares trading hands.

NIPPON STL & SU/S Price Performance

The company has a market capitalization of $4.20 billion, a PE ratio of 1.60, a P/E/G ratio of 3.94 and a beta of 1.35. The stock’s fifty day moving average is $4.19 and its two-hundred day moving average is $5.03. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.52.

About NIPPON STL & SU/S

Nippon Steel & Sumitomo Metal Corporation, trading as OTCMKTS:NSSMY, is a leading Japanese integrated steel producer formed through the 2012 merger of Nippon Steel and Sumitomo Metal Industries. Headquartered in Tokyo, the company operates across the entire steel value chain, from raw material procurement and coke-making to steelmaking, rolling, coating and finishing. It leverages advanced blast furnace and electric arc furnace technologies to support a diversified portfolio of steel offerings.

The company’s product lineup encompasses a broad range of flat and long steel products, including hot-rolled and cold-rolled sheets, galvanized steel, plates, wire rods, rails, pipes and tubes.