NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.03 and traded as low as $6.33. NIPPON STL & SU/S shares last traded at $6.48, with a volume of 497,759 shares.

NIPPON STL & SU/S Stock Performance

The company has a debt-to-equity ratio of 0.52, a current ratio of 1.22 and a quick ratio of 0.51. The company has a market cap of $6.23 billion, a PE ratio of 2.37, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The business has a fifty day simple moving average of $6.69 and a two-hundred day simple moving average of $7.02.

NIPPON STL & SU/S Company Profile

Nippon Steel & Sumitomo Metal Corporation engages in steelmaking and steel fabrication businesses worldwide. It operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New materials, and System Solutions. The company offers steel plates; hot- and cold-rolled steel sheets and coils, coated steel sheets, color coated steel sheets, electrolytic tin plates, and electrical steel sheets; bar and rod materials; and structural steel products.