Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 34,700 shares, an increase of 88.6% from the September 15th total of 18,400 shares. Based on an average daily volume of 162,200 shares, the days-to-cover ratio is presently 0.2 days.
Nippon Steel Stock Down 0.6 %
Shares of OTCMKTS:NPSCY traded down $0.04 during midday trading on Friday, hitting $7.05. The stock had a trading volume of 62,058 shares, compared to its average volume of 54,177. The company has a market cap of $21.29 billion, a P/E ratio of 6.11 and a beta of 0.92. Nippon Steel has a 12 month low of $6.78 and a 12 month high of $8.67. The business's 50-day simple moving average is $7.39 and its 200-day simple moving average is $7.38. The company has a quick ratio of 0.96, a current ratio of 1.87 and a debt-to-equity ratio of 0.42.
Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.32 EPS for the quarter. The company had revenue of $14.06 billion during the quarter. Nippon Steel had a net margin of 5.96% and a return on equity of 9.83%.
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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