NIPPON STL & SU/S (OTCMKTS:NSSMY) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of NIPPON STL & SU/S (OTCMKTS:NSSMY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.95 and traded as low as $4.00. NIPPON STL & SU/S shares last traded at $4.0430, with a volume of 202,323 shares changing hands.

NIPPON STL & SU/S Stock Down 0.9%

The company’s fifty day moving average price is $4.22 and its 200-day moving average price is $4.95. The stock has a market capitalization of $3.84 billion, a PE ratio of 1.46, a price-to-earnings-growth ratio of 3.94 and a beta of 1.35. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.52.

About NIPPON STL & SU/S

Nippon Steel & Sumitomo Metal Corporation, trading as OTCMKTS:NSSMY, is a leading Japanese integrated steel producer formed through the 2012 merger of Nippon Steel and Sumitomo Metal Industries. Headquartered in Tokyo, the company operates across the entire steel value chain, from raw material procurement and coke-making to steelmaking, rolling, coating and finishing. It leverages advanced blast furnace and electric arc furnace technologies to support a diversified portfolio of steel offerings.

The company’s product lineup encompasses a broad range of flat and long steel products, including hot-rolled and cold-rolled sheets, galvanized steel, plates, wire rods, rails, pipes and tubes.