Companhia Siderurgica Nacional ADR (SID) posted a 6.75% change over the last five days signaling a new trend

Sana Meer

Companhia Siderurgica Nacional ADR (NYSE: SID) on Tuesday, soared 4.19% from the previous trading day, before settling in for the closing price of $1.67. Within the past 52 weeks, SID’s price has moved between $1.24 and $2.21.

The company achieved an average annual earnings per share of 58.83%. With a float of $1.33 billion, this company’s outstanding shares have now reached $1.33 billion.

Companhia Siderurgica Nacional ADR (SID) Breakdown of a Key Holders of the stock

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 2.37%.

Companhia Siderurgica Nacional ADR (SID) Recent Fiscal highlights

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.11 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.25) by -0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 58.83% 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 0.95 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 0.30. Likewise, its price to free cash flow for the trailing twelve months is 181.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.01 in one year’s time.

Technical Analysis of Companhia Siderurgica Nacional ADR (SID)

Looking closely at Companhia Siderurgica Nacional ADR (NYSE: SID), its last 5-days average volume was 2.81 million, which is a jump from its year-to-date volume of 2.73 million. As of the previous 9 days, the stock’s Stochastic %D was 81.67%.

During the past 100 days, Companhia Siderurgica Nacional ADR’s (SID) raw stochastic average was set at 96.17%, which indicates a significant increase from 93.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0679 in the past 14 days, which was higher than the 0.0546 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5012, while its 200-day Moving Average is $1.5191. However, in the short run, Companhia Siderurgica Nacional ADR’s stock first resistance to watch stands at $1.7766. Second resistance stands at $1.8132. The third major resistance level sits at $1.8665. If the price goes on to break the first support level at $1.6867, it is likely to go to the next support level at $1.6334. Now, if the price goes above the second support level, the third support stands at $1.5968.

Companhia Siderurgica Nacional ADR (NYSE: SID) Key Stats

Market capitalization of the company is 2.31 billion based on 1,326,094K outstanding shares. Right now, sales total 8,100 M and income totals -480,530 K. The company made 1,887 M in profit during its latest quarter, and -29,300 K in sales during its previous quarter.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.