Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Share Price Passes Below 50-Day Moving Average of $1.67

Shares of Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.67 and traded as low as $1.40. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.40, with a volume of 5,852 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89. The firm’s fifty day moving average price is $1.66 and its 200-day moving average price is $1.79.

Usinas Siderúrgicas de Minas Gerais Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, April 29th will be issued a $0.0498 dividend. The ex-dividend date is Friday, April 26th. Usinas Siderúrgicas de Minas Gerais’s dividend payout ratio (DPR) is 10.64%.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.