Companhia Siderurgica Nacional (SID) Shares Gap Up to $2.90
Companhia Siderurgica Nacional (NYSE:SID) shares gapped up prior to trading on Tuesday . The stock had previously closed at $2.83, but opened at $2.90. Companhia Siderurgica Nacional shares last traded at $3.03, with a volume of 5372700 shares traded.
Separately, UBS Group upgraded shares of Companhia Siderurgica Nacional from an “underperform” rating to a “market perform” rating in a research report on Wednesday, November 1st.
The company has a quick ratio of 0.94, a current ratio of 1.48 and a debt-to-equity ratio of 3.14. The firm has a market cap of $4,370.00, a PE ratio of -51.83 and a beta of 2.15.
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About Companhia Siderurgica Nacional
Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy.
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