TSE:5401Metals and Mining
Is Nippon Steel (TSE:5401) Still Attractive After Strong Five Year Share Price Gains
If you are wondering whether Nippon Steel is attractively priced or starting to look stretched, this article walks through what the current numbers really suggest about value.
The share price closed at ¥639.5, with returns showing a 4.5% decline over the last 7 days, a 0.7% decline over 30 days, a 1.7% decline year to date, but a 4.7% gain over 1 year, 35.4% over 3 years and a very large 223.7% over 5 years.
These mixed shorter term and longer term returns have kept Nippon Steel on the radar...