Nippon Steel (OTCMKTS:NPSCY) Announces Earnings Results

Nippon Steel (OTCMKTS:NPSCY) issued its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Nippon Steel had a return on equity of 8.79% and a net margin of 5.56%.

Nippon Steel Trading Up 2.2 %

Shares of NPSCY stock traded up $0.15 on Thursday, hitting $7.12. 171,916 shares of the company’s stock traded hands, compared to its average volume of 206,097. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.97. The stock has a market capitalization of $22.96 billion, a price-to-earnings ratio of 6.91 and a beta of 0.92. The company’s fifty day simple moving average is $6.72 and its 200 day simple moving average is $6.98. Nippon Steel has a one year low of $6.11 and a one year high of $8.67.

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.