NIPPON STL & SU/S (OTCMKTS:NSSMY) Shares Break Above Fifty Day Moving Average – What’s Next?

NIPPON STL & SU/S (OTCMKTS:NSSMY – Get Free Report) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $4.30 and traded as high as $4.40. NIPPON STL & SU/S shares last traded at $4.39, with a volume of 244,990 shares.

NIPPON STL & SU/S Stock Up 3.1%

The company has a fifty day moving average price of $4.30 and a 200-day moving average price of $3.96. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.51 and a current ratio of 1.22. The firm has a market capitalization of $4.17 billion, a PE ratio of 1.58, a PEG ratio of 3.94 and a beta of 1.35.

About NIPPON STL & SU/S

(Get Free Report)

NIPPON STL & SU/S refers to Nippon Steel & Sumitomo Metal Corporation, a major Japanese steel producer formed in 2012 through the merger of Nippon Steel Corporation and Sumitomo Metal Industries. The company manufactured and sold a broad range of steel products for industrial and commercial customers.

Its products included sheet and plate steel, bars and wire rod, rails, structural steel, steel pipe and tubing, and specialized materials used in automobiles, construction, machinery, energy, shipbuilding, and other industrial applications.

Featured Stories

Receive News & Ratings for NIPPON STL & SU/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIPPON STL & SU/S and related companies with MarketBeat.com's FREE daily email newsletter.