Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 85,600 shares, a growth of 202.5% from the December 31st total of 28,300 shares. Based on an average daily volume of 369,600 shares, the days-to-cover ratio is currently 0.2 days.
Nippon Steel Stock Performance
Shares of OTCMKTS:NPSCY traded down $0.01 during trading hours on Wednesday, hitting $6.83. The stock had a trading volume of 58,172 shares, compared to its average volume of 212,065. The stock's fifty day simple moving average is $6.69 and its 200 day simple moving average is $6.99. The firm has a market capitalization of $22.02 billion, a price-to-earnings ratio of 6.63 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.97. Nippon Steel has a 1-year low of $6.11 and a 1-year high of $8.67.
Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $14.71 billion during the quarter. Nippon Steel had a net margin of 5.56% and a return on equity of 8.79%.
Nippon Steel Company Profile
(
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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.
Further Reading
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