NIPPON STL & SU/S (OTCMKTS:NSSMY) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

NIPPON STL & SU/S (OTCMKTS:NSSMY) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.06 and traded as low as $6.68. NIPPON STL & SU/S shares last traded at $6.78, with a volume of 150,293 shares trading hands.

NIPPON STL & SU/S Price Performance

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 stock has a market capitalization of $6.56 billion, a P/E ratio of 2.49, a PEG ratio of 3.94 and a beta of 1.35. The firm has a fifty day moving average price of $6.68 and a two-hundred day moving average price of $7.06.

About NIPPON STL & SU/S

Nippon Steel & Sumitomo Metal Corporation engages in steelmaking and steel fabrication businesses worldwide. It operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New materials, and System Solutions. The company offers steel plates; hot- and cold-rolled steel sheets and coils, coated steel sheets, color coated steel sheets, electrolytic tin plates, and electrical steel sheets; bar and rod materials; and structural steel products.