The price of Companhia Siderurgica Nacional ADR (NYSE:SID) shares last traded on Wall Street fell -6.29% to $2.83.
SID stock price is now -14.99% away from the 50-day moving average and -2.34% away from the 200-day moving average. The market capitalization of the company currently stands at $3.75B.
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, while ‘BofA Securities’ rates the stock as ‘Buy’
A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, Companhia Siderurgica Nacional ADR has had a low of $2.01 and a high of $4.03. As of last week, the company has a debt-to-equity ratio of 2.61, a current ratio of 1.32, and a quick ratio of 0.94. The fifty day moving average price for SID is $3.3132 and a two-hundred day moving average price translates $2.9598 for the stock.
The latest earnings results from Companhia Siderurgica Nacional ADR (NYSE: SID) was released for Dec, 2023. The net profit margin was -0.62% and return on equity was -1.54% for SID. The company reported revenue of $2.28 billion for the quarter, compared to $2.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.58 percent.
Companhia Siderurgica Nacional ADR(SID) Company Profile
Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products consisting of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. It primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin. In addition, the company operates railway and port facilities; produces and sells cement to construction material stores, home centers, concrete producers, construction companies, mortar industries, and cement artifact producers; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. Companhia Siderúrgica Nacional was incorporated in 1941 and is headquartered in São Paulo, Brazil.
