Companhia Siderurgica Nacional ADR (NYSE: SID) is -44.53% 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 $2.12 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $2.18, the stock is 4.41% and 0.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing 2.83% at the moment leaves the stock -16.09% off its SMA200. SID registered -11.10% loss for a year compared to 6-month loss of -19.56%. The firm has a 50-day simple moving average (SMA 50) of $2.158 and a 200-day simple moving average (SMA200) of $2.60515.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -0.91% gain in the last 1 month and extending the period to 3 months gives it a 2.35%, and is 6.86% up 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 3.35% over the week and 2.82% over the month.
Fwd P/E is 8.84. Profit margin for the company is -1.55%. Distance from 52-week low is 15.34% and -45.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.33%).
Companhia Siderurgica Nacional ADR quarterly earnings per share for the current quarter are estimated at 0.2.The EPS is expected to grow by 27.00% this year, but quarterly earnings will post -14.40% year-over-year.
The shares outstanding are 1.33B, and float is at 1.33B with Short Float at 0.44%.
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.
