Shares of Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $3.68, but opened at $3.54. Nippon Steel & Sumitomo Metal shares last traded at $3.70, with a volume of 2,901 shares.
Nippon Steel & Sumitomo Metal Stock Performance
The company has a current ratio of 1.78, a quick ratio of 0.85 and a debt-to-equity ratio of 0.77. The company’s 50-day moving average is $3.51 and its two-hundred day moving average is $3.81. The stock has a market capitalization of $19.83 billion, a P/E ratio of -30.75 and a beta of 0.68.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.08 EPS for the quarter. The firm had revenue of $17.89 billion during the quarter, compared to the consensus estimate 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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