Companhia Siderurgica Nacional (NYSE: SID) kicked off on June 22, 2022, at the price of $2.98, down -5.00% from the previous trading day. During the day, the shares moved up to $3.12 and dropped to $2.955 before settling in for the closing price of $3.20. Over the past 52 weeks, SID has traded in a range of $3.14-$9.49.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 22.80%. While this was happening, its average annual earnings per share was recorded 224.00%. With a float of $715.42 million, this company’s outstanding shares have now reached $1.33 billion.
Let’s determine the extent of company efficiency that accounts for 35179 employees. In terms of profitability, gross margin is +45.77, operating margin of +39.24, and the pretax margin is +38.43.
Companhia Siderurgica Nacional (SID) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Steel Industry. The insider ownership of Companhia Siderurgica Nacional is 54.50%, while institutional ownership is 3.10%.
Companhia Siderurgica Nacional (SID) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported $0.19 earnings per share (EPS), lower than consensus estimate (set at $0.49) by -$0.3. This company achieved a net margin of +25.59 while generating a return on equity of 81.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 224.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.91% during the next five years compared to 72.00% growth over the previous five years of trading.
Companhia Siderurgica Nacional (NYSE: SID) Trading Performance Indicators
Take a look at Companhia Siderurgica Nacional’s (SID) current performance indicators. Last quarter, stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 21.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 1.69 in the next quarter and is forecasted to reach 4.00 in one year’s time.
Technical Analysis of Companhia Siderurgica Nacional (SID)
Looking closely at Companhia Siderurgica Nacional (NYSE: SID), its last 5-days average volume was 9.0 million, which is a jump from its year-to-date volume of 6.4 million. As of the previous 9 days, the stock’s Stochastic %D was 5.67%. Additionally, its Average True Range was 0.21.
During the past 100 days, Companhia Siderurgica Nacional’s (SID) raw stochastic average was set at 2.82%, which indicates a significant decrease from 4.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.77% in the past 14 days, which was lower than the 66.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.20, while its 200-day Moving Average is $4.67. However, in the short run, Companhia Siderurgica Nacional’s stock first resistance to watch stands at $3.12. Second resistance stands at $3.20. The third major resistance level sits at $3.29. If the price goes on to break the first support level at $2.96, it is likely to go to the next support level at $2.87. Now, if the price goes above the second support level, the third support stands at $2.79.
Companhia Siderurgica Nacional (NYSE: SID) Key Stats
The company with the Market Capitalisation of 4.65 billion has total of 1,387,524K Shares Outstanding. Its annual sales at the moment are 8,878 M in contrast with the sum of 2,272 M annual income. Company’s last quarter sales were recorded 2,253 M and last quarter income was 261,060 K.