Nippon Steel Co. (OTCMKTS:NISTF – Get Free Report) shares shot up 4% on Tuesday . The company traded as high as $3.85 and last traded at $3.65. 5,760 shares were traded during mid-day trading, a decline of 51% from the average session volume of 11,694 shares. The stock had previously closed at $3.51.
Nippon Steel Stock Performance
The company has a fifty day simple moving average of $4.15 and a 200-day simple moving average of $5.40.
About Nippon Steel
Nippon Steel (OTCMKTS:NISTF) is one of the world’s leading steel producers, headquartered in Tokyo, Japan. The company traces its roots to the 1970 merger of Fuji Iron & Steel and Yawata Iron & Steel, and later strengthened its global footprint through the 2012 merger with Sumitomo Metal Corporation. With decades of experience in metallurgical engineering, Nippon Steel remains a cornerstone of Japan’s industrial sector.
The company’s core business centers on the production and supply of a broad range of steel products.
Recommended Stories
Receive News & Ratings for Nippon Steel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Steel and related companies with MarketBeat.com's FREE daily email newsletter.
