Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $3.3550 and last traded at $3.3550, with a volume of 24094 shares trading hands. The stock had previously closed at $3.44.
Nippon Steel & Sumitomo Metal Trading Down 0.9%
The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.85 and a current ratio of 1.78. The stock has a market cap of $17.95 billion, a price-to-earnings ratio of -27.83 and a beta of 0.68. The company’s 50 day simple moving average is $3.55 and its two-hundred day simple moving average is $3.85.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $17.89 billion for the quarter, compared to analyst estimates of $18.20 billion.
About Nippon Steel & Sumitomo Metal
Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.
The company’s product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.
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