Why should you keep an eye on Companhia Siderurgica Nacional ADR (SID)?

Companhia Siderurgica Nacional ADR (NYSE: SID) is -52.42% lower on its value in year-to-date trading and has touched a low of $1.82 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 $1.87 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.87, the stock is -6.31% and -11.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing 0.00% at the moment leaves the stock -24.28% off its SMA200. SID registered -43.16% loss for a year compared to 6-month loss of -23.05%. The firm has a 50-day simple moving average (SMA 50) of $2.1134 and a 200-day simple moving average (SMA200) of $2.47875.

The stock witnessed a -8.33% gain in the last 1 month and extending the period to 3 months gives it a -7.43%, and is -6.03% 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 3.27% over the month.

Fwd P/E is 7.57. Profit margin for the company is -3.01%. Distance from 52-week low is 2.75% and -53.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.47%).

The EPS is expected to grow by 30.04% this 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 0.68%.

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.