Shares of Nippon Steel Co. (OTCMKTS:NISTF – Get Free Report) were down 2.5% on Tuesday . The company traded as low as $19.50 and last traded at $20.48. Approximately 1,200 shares traded hands during mid-day trading, an increase of 76% from the average daily volume of 683 shares. The stock had previously closed at $21.00.
Nippon Steel Stock Down 2.5 %
The firm’s fifty day moving average price is $20.67 and its 200 day moving average price is $21.23.
About Nippon Steel
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.
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