Kobe Steel (OTCMKTS:KBSTF – Get Free Report) will likely be announcing its results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of $0.5440 per share and revenue of $4.42 billion for the quarter.
Kobe Steel Stock Performance
Shares of Kobe Steel stock remained flat at $13.60 during trading hours on Tuesday. The business’s 50-day simple moving average is $13.39 and its 200 day simple moving average is $13.05. Kobe Steel has a fifty-two week low of $10.94 and a fifty-two week high of $16.85.
About Kobe Steel
Kobe Steel, Ltd., also known as KOBELCO, is a diversified Japanese manufacturer of steel, nonferrous metals, machinery and industrial products. Founded in 1905 and headquartered in Kobe, Japan, the company serves customers in industries including automotive, construction, shipbuilding, energy, electronics and infrastructure.
The company’s businesses include iron and steel products such as specialty steels, wire rod and steel castings, as well as aluminum and copper products. Kobe Steel also manufactures welding materials and equipment, industrial machinery, construction machinery and equipment for energy-related applications.
Kobe Steel operates through manufacturing and sales networks in Japan and international markets.
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