Companhia Siderurgica Nacional ADR (NYSE: SID) is -36.93% 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 $1.52 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.52, the stock is 3.58% and -1.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.55 million and changing 0.00% at the moment leaves the stock -10.91% off its SMA200. SID registered 5.56% gain for a year compared to 6-month gain of 7.04%. The firm has a 50-day simple moving average (SMA 50) of $1.5508 and a 200-day simple moving average (SMA200) of $1.70615.
The stock witnessed a 2.01% loss in the last 1 month and extending the period to 3 months gives it a 4.83%, and is 8.57% 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 4.06% over the week and 3.61% over the month.
Fwd P/E is 9.34. Profit margin for the company is -5.83%. Distance from 52-week low is 19.69% and -39.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.35%).
with sales reaching $11.13B over the same period.The EPS is expected to grow by 84.14% this year, but quarterly earnings will post 3.36% year-over-year. Quarterly sales are estimated to grow 2.33% in year-over-year returns.
Companhia Siderurgica Nacional ADR (SID) Top Institutional Holders
99.0 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.
