Nippon Steel (OTCMKTS:NPSCY) Issues Quarterly Earnings Results

Nippon Steel (OTCMKTS:NPSCY) posted its quarterly earnings data on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Nippon Steel had a net margin of 5.56% and a return on equity of 8.79%.

Nippon Steel Stock Up 2.2 %

OTCMKTS NPSCY traded up $0.15 during trading hours on Thursday, hitting $7.12. 171,916 shares of the company traded hands, compared to its average volume of 206,097. The stock has a market capitalization of $22.96 billion, a price-to-earnings ratio of 6.91 and a beta of 0.92. Nippon Steel has a twelve month low of $6.11 and a twelve month high of $8.67. The business’s 50-day moving average is $6.72 and its 200-day moving average is $6.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.97.

Nippon Steel Company Profile

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.