NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Crosses Below 200-Day Moving Average – Should You Sell?

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.97 and traded as low as $6.54. NIPPON STL & SU/S shares last traded at $6.57, with a volume of 203,358 shares.

NIPPON STL & SU/S Stock Performance

The company has a market cap of $6.26 billion, a P/E ratio of 2.38, a PEG ratio of 3.94 and a beta of 1.35. The firm has a 50 day moving average of $7.07 and a 200-day moving average of $6.97. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.52.

About NIPPON STL & SU/S

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.