Nippon Steel Co. (OTCMKTS:NISTF – Get Free Report) dropped 4% during mid-day trading on Tuesday . The company traded as low as $22.09 and last traded at $22.09. Approximately 162 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 2,441 shares. The stock had previously closed at $23.00.
Nippon Steel Stock Down 4.0 %
The stock’s fifty day moving average price is $20.83 and its 200-day moving average price is $21.05.
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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