Nippon Steel (OTCMKTS:NPSCY) Reaches New 52-Week Low – Time to Sell?

Nippon Steel Co. (OTCMKTS:NPSCYGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $6.29 and last traded at $6.54, with a volume of 168460 shares. The stock had previously closed at $6.63.

Nippon Steel Stock Performance

The company’s 50 day moving average price is $7.01 and its 200-day moving average price is $7.19. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 1.87. The stock has a market cap of $21.10 billion, a P/E ratio of 6.44 and a beta of 0.93.

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.

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