Recent developments with Companhia Siderurgica Nacional ADR (SID) have led to the company’s beta value being reach 2.17 cents.

Companhia Siderurgica Nacional ADR (NYSE: SID) on Tuesday, soared 0.67% from the previous trading day, before settling in for the closing price of $1.50. Within the past 52 weeks, SID’s price has moved between $1.27 and $3.50.

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A company in the Basic Materials sector has jumped its sales by 11.34% annually for the last half of the decade. The company achieved an average annual earnings per share of -193.58%. 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 26.15%, operating margin of 11.86%, and the pretax margin is -1.13%.

Companhia Siderurgica Nacional ADR (SID) Insider and Institutional Ownership

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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -193.58% 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 0.93 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 0.24. Likewise, its price to free cash flow for the trailing twelve months is 5.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.06 in one year’s time.

Technical Analysis of Companhia Siderurgica Nacional ADR (SID)

Let’s dig in a bit further. During the last 5-days, its volume was 1.48 million. That was inferior than the volume of 2.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.39%. Additionally, its Average True Range was 0.06.

During the past 100 days, Companhia Siderurgica Nacional ADR’s (SID) raw stochastic average was set at 19.51%, which indicates a significant decrease from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.49% in the past 14 days, which was lower than the 47.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5152, while its 200-day Moving Average is $2.0442. However, in the short run, Companhia Siderurgica Nacional ADR’s stock first resistance to watch stands at $1.5267. Second resistance stands at $1.5433. The third major resistance level sits at $1.5667. If the price goes on to break the first support level at $1.4867, it is likely to go to the next support level at $1.4633. The third support level lies at $1.4467 if the price breaches the second support level.

Companhia Siderurgica Nacional ADR (NYSE: SID) Key Stats

Market capitalization of the company is 2.00 billion based on 1,326,094K outstanding shares. Right now, sales total 9,101 M and income totals -63,740 K. The company made 1,995 M in profit during its latest quarter, and -151,510 K in sales during its previous quarter.