Nippon Steel (OTCMKTS:NPSCY) Trading Up 0.8%

Nippon Steel Co. (OTCMKTS:NPSCY)’s share price was up 0.8% during mid-day trading on Friday . The company traded as high as $7.65 and last traded at $7.50. Approximately 24,443 shares changed hands during trading, a decline of 34% from the average daily volume of 36,831 shares. The stock had previously closed at $7.44.

Nippon Steel Trading Up 0.8 %

The stock has a 50 day simple moving average of $8.09 and a 200-day simple moving average of $7.77. The firm has a market capitalization of $20.74 billion, a P/E ratio of 5.17 and a beta of 0.92. The company has a current ratio of 1.79, a quick ratio of 0.93 and a debt-to-equity ratio of 0.41.

Nippon Steel (OTCMKTS:NPSCY) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $15.10 billion during the quarter. Nippon Steel had a return on equity of 12.53% and a net margin of 7.19%.

About Nippon Steel

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.