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Nippon Steel (OTCMKTS:NPSCY) Shares Down 0.8% - Time to Sell?

Nippon Steel logo with Basic Materials background

Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report)'s share price dropped 0.8% during trading on Thursday . The stock traded as low as $6.37 and last traded at $6.43. Approximately 129,938 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 291,284 shares. The stock had previously closed at $6.48.

Nippon Steel Price Performance

The firm's 50 day moving average price is $6.70 and its two-hundred day moving average price is $7.02. 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 $20.73 billion, a PE ratio of 6.24 and a beta of 0.93.

Nippon Steel Company Profile

(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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