Nippon Steel (OTCMKTS:NISTF – Get Free Report) is expected to be releasing its results after the market closes on Thursday, November 5th. Analysts expect Nippon Steel to announce earnings of $0.1012 per share and revenue of $18.58 billion for the quarter.
Nippon Steel Stock Up 5.1%
OTCMKTS:NISTF opened at $4.23 on Thursday. Nippon Steel has a 52 week low of $3.20 and a 52 week high of $4.83. The firm’s 50-day simple moving average is $4.28 and its 200 day simple moving average is $3.97.
About Nippon Steel
Nippon Steel Corporation is a Japan-based steel producer headquartered in Tokyo. The company manufactures and sells a broad range of steel products, including sheet and plate steel, bars, wire rods, rails, structural steel, pipe and tube products, and specialty steels. Its products are used in automobiles, construction, infrastructure, machinery, energy, shipbuilding, and other industrial applications.
In addition to its core steelmaking operations, Nippon Steel provides engineering, construction, plant and equipment services, logistics, chemicals, and systems solutions related to the steel industry.
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