NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

NIPPON STL & SU/S (OTCMKTS:NSSMY)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.80 and traded as high as $4.59. NIPPON STL & SU/S shares last traded at $4.49, with a volume of 91,338 shares changing hands.

NIPPON STL & SU/S Trading Down 2.2%

The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.52. The business’s fifty day simple moving average is $4.01 and its two-hundred day simple moving average is $3.80. The stock has a market capitalization of $4.27 billion, a P/E ratio of 1.62, a P/E/G ratio of 3.94 and a beta of 1.35.

NIPPON STL & SU/S Company Profile

Nippon Steel & Sumitomo Metal Corporation, trading as OTCMKTS:NSSMY, is a leading Japanese integrated steel producer formed through the 2012 merger of Nippon Steel and Sumitomo Metal Industries. Headquartered in Tokyo, the company operates across the entire steel value chain, from raw material procurement and coke-making to steelmaking, rolling, coating and finishing. It leverages advanced blast furnace and electric arc furnace technologies to support a diversified portfolio of steel offerings.

The company’s product lineup encompasses a broad range of flat and long steel products, including hot-rolled and cold-rolled sheets, galvanized steel, plates, wire rods, rails, pipes and tubes.