Nippon Steel (OTCMKTS:NISTF) Stock Price Up 1.4% – Should You Buy?

Nippon Steel Co. (OTCMKTS:NISTFGet Free Report) shares rose 1.4% during trading on Tuesday . The company traded as high as $19.50 and last traded at $19.50. Approximately 509 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 4,526 shares. The stock had previously closed at $19.24.

Nippon Steel Stock Performance

The company has a 50 day moving average of $20.06 and a 200 day moving average of $20.93.

About Nippon Steel

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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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