Nippon Steel (OTCMKTS:NPSCY) Stock Price Down 2.4%

Nippon Steel Co. (OTCMKTS:NPSCY) shares were down 2.4% on Friday . The company traded as low as $6.80 and last traded at $7.00. Approximately 31,420 shares changed hands during trading, a decline of 26% from the average daily volume of 42,288 shares. The stock had previously closed at $7.17.

Nippon Steel Price Performance

The company has a quick ratio of 0.88, a current ratio of 1.77 and a debt-to-equity ratio of 0.41. The firm’s 50-day moving average is $7.19 and its 200-day moving average is $7.65. The company has a market cap of $20.19 billion, a PE ratio of 5.60 and a beta of 0.93.

Nippon Steel (OTCMKTS:NPSCY) last announced its earnings results on Thursday, May 9th. The company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $15 billion during the quarter. Nippon Steel had a return on equity of 10.62% and a net margin of 6.23%.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.