Nippon Steel (OTCMKTS:NPSCY) Reaches New 52-Week Low – Should You Sell?

Nippon Steel Co. (OTCMKTS:NPSCY) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $6.52 and last traded at $6.53, with a volume of 154986 shares changing hands. The stock had previously closed at $6.66.

Nippon Steel Price Performance

The company has a quick ratio of 0.96, a current ratio of 1.87 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $18.85 billion, a PE ratio of 5.33 and a beta of 0.92. The stock has a 50-day moving average price of $7.31 and a 200 day moving average price of $7.30.

Nippon Steel (OTCMKTS:NPSCY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.32 earnings per share for the quarter. Nippon Steel had a net margin of 5.96% and a return on equity of 9.83%. The company had revenue of $14.06 billion during the quarter.

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.