Kobe Steel, Ltd. (OTCMKTS:KBSTF – Get Free Report) traded up 23.9% during trading on Friday . The stock traded as high as $13.56 and last traded at $13.56. 140 shares changed hands during trading, a decline of 87% from the average session volume of 1,100 shares. The stock had previously closed at $10.94.
Kobe Steel Stock Up 23.9%
The business’s 50 day moving average price is $11.75 and its two-hundred day moving average price is $11.72.
Kobe Steel Company Profile
Kobe Steel, Ltd., commonly known by its brand name KOBELCO, is a diversified Japanese industrial company headquartered in Kobe, Hyōgo Prefecture. Established in 1905, the firm has grown from a regional ironworks into one of Japan’s leading integrated steel producers. Kobe Steel’s core operations encompass the production of a wide range of steel products, including high-tensile and stainless steel, steel plates, bars, and wire rods. Beyond steelmaking, the company has also built expertise in nonferrous metals, welding materials, and advanced manufacturing technologies.
In its nonferrous segment, Kobe Steel manufactures aluminum and copper products used in automotive, aerospace, and electrical applications.
See Also
- Five stocks we like better than Kobe Steel
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- A U.S. “birthright” claim worth trillions – activated quietly
- First Time Since 2007: All Warnings Active
- Best $19 you’ll spend this year.
Receive News & Ratings for Kobe Steel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kobe Steel and related companies with MarketBeat.com's FREE daily email newsletter.
