A new trading day began on Tuesday, with Companhia Siderurgica Nacional ADR (NYSE: SID) stock price down -3.35% from the previous day of trading, before settling in for the closing price of $2.09. SID’s price has ranged from $1.89 to $4.03 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 9.60%. Meanwhile, its annual earnings per share averaged 30.50%. With a float of $1.33 billion, this company’s outstanding shares have now reached $1.33 billion.
In terms of profitability, gross margin is 26.28%, operating margin of 13.17%, and the pretax margin is 2.25%.
Companhia Siderurgica Nacional ADR (SID) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Steel Industry. The insider ownership of Companhia Siderurgica Nacional ADR is 0.01%, while institutional ownership is 2.56%.
Companhia Siderurgica Nacional ADR (SID) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.02 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.50% per share during the next fiscal year.
Companhia Siderurgica Nacional ADR (NYSE: SID) Trading Performance Indicators
Here are Companhia Siderurgica Nacional ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 5.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Companhia Siderurgica Nacional ADR (SID)
The latest stats from [Companhia Siderurgica Nacional ADR, SID] show that its last 5-days average volume of 1.44 million was inferior to 2.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.81%. Additionally, its Average True Range was 0.07.
During the past 100 days, Companhia Siderurgica Nacional ADR’s (SID) raw stochastic average was set at 13.00%, which indicates a significant increase from 9.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.10% in the past 14 days, which was higher than the 40.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.19, while its 200-day Moving Average is $2.89. Now, the first resistance to watch is $2.07. This is followed by the second major resistance level at $2.12. The third major resistance level sits at $2.16. If the price goes on to break the first support level at $1.98, it is likely to go to the next support level at $1.94. Assuming the price breaks the second support level, the third support level stands at $1.89.
Companhia Siderurgica Nacional ADR (NYSE: SID) Key Stats
With a market capitalization of 2.68 billion, the company has a total of 1,387,520K Shares Outstanding. Currently, annual sales are 9,101 M while annual income is -63,740 K. The company’s previous quarter sales were 2,085 M while its latest quarter income was -42,650 K.
