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Nippon Steel (OTCMKTS:NPSCY) Hits New 12-Month Low - Here's What Happened

Nippon Steel logo with Basic Materials background

Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report)'s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $6.52 and last traded at $6.53, with a volume of 154986 shares traded. The stock had previously closed at $6.66.

Nippon Steel Stock Performance

The company has a quick ratio of 0.96, a current ratio of 1.87 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $7.29 and a 200 day moving average of $7.29. The company has a market capitalization of $18.85 billion, a P/E ratio of 5.22 and a beta of 0.92.

Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.32 EPS for the quarter. Nippon Steel had a return on equity of 9.83% and a net margin of 5.96%. The firm had revenue of $14.06 billion during the quarter.

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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