Companhia Siderurgica Nacional ADR (NYSE: SID) on Friday, soared 0.48% 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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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 9.60%. The company achieved an average annual earnings per share of 27.34%. 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
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) Performance Highlights and Predictions
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 27.34% 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 0.32. Likewise, its price to free cash flow for the trailing twelve months is 5.79.
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)
The latest stats from [Companhia Siderurgica Nacional ADR, SID] show that its last 5-days average volume of 1.91 million was inferior to 2.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 45.87%. 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 32.79%, which indicates a significant decrease from 36.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.15% in the past 14 days, which was lower than the 45.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.18, while its 200-day Moving Average is $2.66. Now, the first resistance to watch is $2.12. This is followed by the second major resistance level at $2.15. The third major resistance level sits at $2.17. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $2.05. Assuming the price breaks the second support level, the third support level stands at $2.02.
Companhia Siderurgica Nacional ADR (NYSE: SID) Key Stats
Market capitalization of the company is 2.77 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.
