Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) issued its earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10, Zacks reports.
Nippon Steel & Sumitomo Metal Trading Up 3.1%
Shares of OTCMKTS:NPSCY traded up $0.13 during trading on Thursday, hitting $4.39. 244,990 shares of the stock were exchanged, compared to its average volume of 172,440. The company has a fifty day moving average price of $4.30 and a two-hundred day moving average price of $3.96. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.71 and a quick ratio of 0.81. Nippon Steel & Sumitomo Metal has a 12-month low of $3.32 and a 12-month high of $4.67.
Nippon Steel & Sumitomo Metal Company Profile
Nippon Steel & Sumitomo Metal Corporation was a major Japanese steelmaker formed in 2012 through the merger of Nippon Steel Corporation and Sumitomo Metal Industries. In 2019, the company changed its name to Nippon Steel Corporation, while continuing the operations and businesses associated with the former Nippon Steel & Sumitomo Metal organization.
The company produces a broad range of steel products, including sheets, plates, bars, wire rods, pipes, tubes and specialty steels.
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