Nippon Steel (OTCMKTS:NPSCY) Posts Earnings Results

Nippon Steel (OTCMKTS:NPSCY) released its earnings results on Thursday. The company reported $0.25 earnings per share 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 1.8 %

Nippon Steel stock opened at $7.25 on Friday. The stock’s fifty day moving average is $6.72 and its two-hundred day moving average is $6.98. The stock has a market cap of $23.38 billion, a PE ratio of 6.79 and a beta of 0.92. Nippon Steel has a 1-year low of $6.11 and a 1-year high of $8.67. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.97 and a quick ratio of 1.03.

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.