Companhia Siderurgica Nacional ADR (NYSE: SID) is -45.80% lower on its value in year-to-date trading and has touched a low of $1.89 and a high of $4.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SID stock was last observed hovering at around $2.14 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.13, the stock is -6.04% and -2.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing -0.47% at the moment leaves the stock -22.58% off its SMA200. SID registered -3.36% loss for a year compared to 6-month loss of -24.20%. The firm has a 50-day simple moving average (SMA 50) of $2.1812 and a 200-day simple moving average (SMA200) of $2.7511.
The stock witnessed a 2.40% gain in the last 1 month and extending the period to 3 months gives it a -13.77%, and is -8.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 3.36% over the month.
Fwd P/E is 8.04. Profit margin for the company is -1.55%. Distance from 52-week low is 12.70% and -47.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.33%).
The EPS is expected to grow by 23.54% this year, but quarterly earnings will post -12.60% year-over-year.
Companhia Siderurgica Nacional ADR (SID) Top Institutional Holders
The shares outstanding are 1.33B, and float is at 1.33B with Short Float at 0.48%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.92 million shares valued at $11.31 million. The investor’s holdings represent 0.3707% of the SID Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 4.47 million shares valued at $10.3 million to account for 0.3374 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 1.93 million shares representing 0.1454% and valued at over $4.44 million, while AMERICAN CENTURY COMPANIES INC holds 0.1393 of the shares totaling 1.85 million with a market value of $4.25 million.
Companhia Siderurgica Nacional ADR (SID) Insider Activity
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