Nippon Steel (OTCMKTS:NPSCY) Sets New 1-Year Low – Here’s What Happened

Nippon Steel Co. (OTCMKTS:NPSCY)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $6.25 and last traded at $6.40, with a volume of 348534 shares changing hands. The stock had previously closed at $6.47.

Nippon Steel Trading Down 1.1 %

The stock has a market cap of $20.63 billion, a price-to-earnings ratio of 6.21 and a beta of 0.93. The business has a 50-day simple moving average of $6.74 and a two-hundred day simple moving average of $7.11. 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.