Companhia Siderurgica Nacional ADR (NYSE: SID) is -4.86% lower on its value in year-to-date trading and has touched a low of $1.27 and a high of $3.84 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 $1.37 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.37, the stock is -2.18% and -18.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 0.00% at the moment leaves the stock -37.20% off its SMA200. SID registered -59.94% loss for a year compared to 6-month loss of -36.57%. The firm has a 50-day simple moving average (SMA 50) of $1.7028 and a 200-day simple moving average (SMA200) of $2.18935.
The stock witnessed a -10.46% gain in the last 1 month and extending the period to 3 months gives it a -34.13%, and is 0.00% 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 3.70% over the week and 4.30% over the month.
Fwd P/E is 26.22. Profit margin for the company is -3.01%. Distance from 52-week low is 7.87% and -64.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.47%).
with sales reaching $11.65B over the same period.The EPS is expected to shrink by -194.15% this year, but quarterly earnings will post -5.64% year-over-year. Quarterly sales are estimated to shrink -2.97% in year-over-year returns.
The shares outstanding are 1.33B, and float is at 1.33B with Short Float at 0.71%.
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.
