Companhia Siderurgica Nacional (NYSE:SID) Given Consensus Recommendation of “Hold” by Analysts
Shares of Companhia Siderurgica Nacional (NYSE:SID) have been assigned an average recommendation of “Hold” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company.
Several analysts have commented on the company. ValuEngine downgraded Companhia Siderurgica Nacional from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. TheStreet raised Companhia Siderurgica Nacional from a “c” rating to a “b-” rating in a research note on Friday, June 21st. Finally, Morgan Stanley downgraded Companhia Siderurgica Nacional from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, June 11th.
SID traded up $0.06 on Thursday, hitting $3.49. 4,420,400 shares of the company traded hands, compared to its average volume of 4,272,487. The company has a 50 day moving average of $4.20 and a 200-day moving average of $3.88. The company has a quick ratio of 0.71, a current ratio of 1.23 and a debt-to-equity ratio of 1.90. The stock has a market capitalization of $4.66 billion, a PE ratio of 3.67 and a beta of 1.75. Companhia Siderurgica Nacional has a 12-month low of $1.93 and a 12-month high of $4.71.
Companhia Siderurgica Nacional Company Profile
Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. The company operates in five segments: Steel, Mining, Cement, Logistics, and Energy. It offers flat steel, such as slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries.
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