Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY – Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $4.42, but opened at $4.55. Nippon Steel & Sumitomo Metal shares last traded at $4.4970, with a volume of 8,584 shares changing hands.
Nippon Steel & Sumitomo Metal Price Performance
The stock has a market capitalization of $24.13 billion, a PE ratio of -224.50 and a beta of 0.64. 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 simple moving average is $4.05 and its 200 day simple moving average is $3.80.
Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $16.70 billion.
Nippon Steel & Sumitomo Metal Company Profile
Nippon Steel & Sumitomo Metal Corporation, now known as Nippon Steel Corporation, is a major Japanese steel manufacturer. The company produces a broad range of steel products, including flat-rolled steel, plates, bars, wire products, rails, structural materials and specialty steel used in automobiles, construction, machinery, energy infrastructure and other industrial applications.
In addition to steelmaking, Nippon Steel provides related services and products through businesses involved in engineering and construction, chemicals and new materials, machinery and equipment, logistics, and information systems.
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