Nippon Steel (OTCMKTS:NPSCY) Issues Earnings Results

Nippon Steel (OTCMKTS:NPSCY) announced its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Nippon Steel had a net margin of 5.34% and a return on equity of 8.22%.

Nippon Steel Trading Up 2.6 %

Shares of Nippon Steel stock opened at $7.44 on Friday. Nippon Steel has a 1 year low of $6.11 and a 1 year high of $8.67. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.97 and a quick ratio of 1.03. The business has a 50 day moving average price of $6.74 and a 200 day moving average price of $6.98. The company has a market capitalization of $23.99 billion, a P/E ratio of 7.59 and a beta of 0.92.

Nippon Steel Company Profile

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.