Nippon Steel Co. (OTCMKTS:NISTF – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $4.27 and traded as high as $4.43. Nippon Steel shares last traded at $4.43, with a volume of 10,542 shares trading hands.
Nippon Steel Stock Up 5.5%
The company has a fifty day moving average of $4.27 and a two-hundred day moving average of $3.97.
About Nippon Steel
Nippon Steel Corporation is a Japan-based steel producer engaged in the manufacture and sale of a broad range of steel products. Its offerings include flat products, pipes and tubes, bars, wire rods, construction materials, and specialty steels used in automotive, machinery, construction, energy, infrastructure, and other industrial applications.
The company also operates businesses related to engineering and construction, chemicals and materials, system solutions, and other industrial services.
Recommended Stories
- Five stocks we like better than Nippon Steel
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Nippon Steel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Steel and related companies with MarketBeat.com's FREE daily email newsletter.
