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

Shares of Nippon Steel Co. (OTCMKTS:NPSCYGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $6.29 and last traded at $6.54, with a volume of 168460 shares trading hands. The stock had previously closed at $6.63.

Nippon Steel Trading Down 1.3 %

The stock has a fifty day moving average of $7.01 and a 200 day moving average of $7.19. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 1.87. The company has a market capitalization of $21.10 billion, a PE ratio of 6.44 and a beta of 0.93.

About Nippon Steel

(Get Free Report)

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.

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