A share price of Companhia Siderurgica Nacional ADR [SID] is currently trading at $1.56, up 0.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SID shares have gain 4.70% over the last week, with a monthly amount glided 12.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Companhia Siderurgica Nacional ADR [NYSE: SID] stock has seen the most recent analyst activity on April 09, 2024, when BofA Securities downgraded its rating to a Underperform. Previously, Itau BBA downgraded its rating to Underperform on April 04, 2024. On November 20, 2023, upgrade upgraded it’s rating to Buy. Itau BBA downgraded its rating to a Underperform but stick to its price target of $2.30 on July 10, 2023. BofA Securities downgraded its rating to a Underperform. Goldman upgraded its rating to Buy for this stock on December 15, 2020. In a note dated September 02, 2020, UBS downgraded an Sell rating on this stock.
Companhia Siderurgica Nacional ADR experienced fluctuations in its stock price throughout the past year between $1.27 and $3.69. Companhia Siderurgica Nacional ADR [NYSE: SID] shares were valued at $1.56 at the most recent close of the market.
Analyzing the SID fundamentals
Trailing Twelve Months sales for Companhia Siderurgica Nacional ADR [NYSE:SID] were 8.47B which represents -12.42% decline. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5400 points at the first support level, and at 1.5200 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5900, and for the 2nd resistance point, it is at 1.6200.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Companhia Siderurgica Nacional ADR [NYSE:SID] is 1.34. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 0.84.
