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Nippon Steel (OTCMKTS:NPSCY) Reaches New 1-Year Low - What's Next?

Nippon Steel logo with Basic Materials background

Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) shares hit a new 52-week low on Thursday . The company 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 Stock Performance

The stock's 50 day simple moving average is $6.74 and its two-hundred day simple moving average is $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. The stock has a market cap of $20.63 billion, a P/E ratio of 6.21 and a beta of 0.93.

About Nippon Steel

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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