Nippon Steel (OTCMKTS:NPSCY) Hits New 52-Week Low – Here’s What Happened

Shares of Nippon Steel Co. (OTCMKTS:NPSCYGet Free Report) hit a new 52-week low on Thursday . The company traded as low as $6.76 and last traded at $6.76, with a volume of 203395 shares traded. The stock had previously closed at $6.89.

Nippon Steel Stock Performance

The company has a market cap of $19.51 billion, a P/E ratio of 5.51 and a beta of 0.92. The business has a fifty day moving average of $7.37 and a 200 day moving average of $7.34. The company has a quick ratio of 0.96, a current ratio of 1.87 and a debt-to-equity ratio of 0.42.

Nippon Steel (OTCMKTS:NPSCYGet Free Report) last announced its earnings results on Thursday, August 1st. The company reported $0.32 earnings per share for the quarter. Nippon Steel had a net margin of 5.96% and a return on equity of 9.83%. The firm had revenue of $14.06 billion for the quarter.

Nippon Steel Company Profile

(Get Free Report)

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.

See Also

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.