Companhia Siderurgica Nacional ADR (NYSE: SID) is -42.86% lower on its value in year-to-date trading and has touched a low of $1.27 and a high of $2.50 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 $1.32 in the last trading session, with the day’s gains setting it 1.69%.
Currently trading at $3.01M, the stock is -7.58% and -12.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.24 million and changing 3237634% at the moment leaves the stock -21.34% off its SMA200. SID registered -5.56% loss for a year compared to 6-month gain of -11.69%. The firm has a 50-day simple moving average (SMA 50) of $1.5614 and a 200-day simple moving average (SMA200) of $1.7289.
The stock witnessed a -15.53% loss in the last 1 month and extending the period to 3 months gives it a -23.16%, and is -8.72% 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 4.01% over the week and 3.45% over the month.
Fwd P/E is 8.36. Profit margin for the company is -5.83%. Distance from 52-week low is 7.09% and -45.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.35%).
The EPS is expected to grow by 84.04% this year
100.0 institutions hold shares in Companhia Siderurgica Nacional ADR (SID), with institutional investors hold 2.45% of the company’s shares. The shares outstanding are 1.33B, and float is at 1.33B with Short Float at 0.62%. Institutions hold 2.45% of the Float.
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.
