Companhia Siderurgica Nacional ADR (NYSE: SID) on Tuesday, plunged -1.44% from the previous trading day, before settling in for the closing price of $2.08. Within the past 52 weeks, SID’s price has moved between $1.89 and $4.03.
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Basic Materials Sector giant saw their annual sales surged by 9.60% over the last five years. The company achieved an average annual earnings per share of 27.77%. 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 Activity
Observing investor behavior towards Steel industry stocks is more important than anything else. The insider ownership of Companhia Siderurgica Nacional ADR is 0.01%, while institutional ownership is 2.52%.
Companhia Siderurgica Nacional ADR (SID) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.02 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.01) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.77% per share during the next fiscal year.
Companhia Siderurgica Nacional ADR (NYSE: SID) Trading Performance Indicators
Companhia Siderurgica Nacional ADR (SID) is currently performing well based on its current performance indicators. A quick ratio of 0.89 was reported for the most recent quarter. 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 5.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Companhia Siderurgica Nacional ADR (SID)
Analysing the last 5-days average volume posted by the [Companhia Siderurgica Nacional ADR, SID], we can find that recorded value of 1.34 million was lower than the volume posted last year of 2.22 million. As of the previous 9 days, the stock’s Stochastic %D was 11.47%. Additionally, its Average True Range was 0.08.
During the past 100 days, Companhia Siderurgica Nacional ADR’s (SID) raw stochastic average was set at 24.62%, which indicates a significant increase from 5.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.04% in the past 14 days, which was lower than the 45.67% 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 $2.69. Now, the first resistance to watch is $2.07. This is followed by the second major resistance level at $2.09. The third major resistance level sits at $2.11. If the price goes on to break the first support level at $2.03, it is likely to go to the next support level at $2.01. Should the price break the second support level, the third support level stands at $1.99.
Companhia Siderurgica Nacional ADR (NYSE: SID) Key Stats
Market capitalization of the company is 2.72 billion based on 1,387,520K outstanding shares. Right now, sales total 9,101 M and income totals -63,740 K. The company made 2,085 M in profit during its latest quarter, and -42,650 K in sales during its previous quarter.
