Companhia Siderurgica Nacional ADR [NYSE: SID] gained 6.83% or 0.19 points to close at $2.97 with a heavy trading volume of 4443588 shares.
It opened the trading session at $2.86, the shares rose to $3.0099 and dropped to $2.85, the range by which the price of stock traded the whole day. The daily chart for SID points out that the company has recorded 10.00% gains over the past six months. However, it is still -40.76% lower than its most recent low trading price.
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If we look at the average trading volume of 1.78M shares, SID reached to a volume of 4443588 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Companhia Siderurgica Nacional ADR [SID]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SID shares is $2.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SID stock is a recommendation set at 3.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Itau BBA have made an estimate for Companhia Siderurgica Nacional ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on July 10, 2023.
The Average True Range (ATR) for Companhia Siderurgica Nacional ADR is set at 0.10, with the Price to Sales ratio for SID stock in the period of the last 12 months amounting to 0.45. The Price to Book ratio for the last quarter was 1.11, with the Price to Cash per share for the same quarter was set at 2.48.
Trading performance analysis for SID stock
Companhia Siderurgica Nacional ADR [SID] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.76. With this latest performance, SID shares gained by 34.39% in over the last four-week period, additionally plugging by 10.00% over the last 6 months – not to mention a rise of 7.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SID stock in for the last two-week period is set at 78.62, with the RSI for the last a single of trading hit 84.45, and the three-weeks RSI is set at 72.94 for Companhia Siderurgica Nacional ADR [SID]. The present Moving Average for the last 50 days of trading for this stock 2.39, while it was recorded at 2.72 for the last single week of trading, and 2.71 for the last 200 days.
Companhia Siderurgica Nacional ADR [SID]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Companhia Siderurgica Nacional ADR [SID] shares currently have an operating margin of +20.53 and a Gross Margin at +29.71. Companhia Siderurgica Nacional ADR’s Net Margin is presently recorded at +3.50.
Return on Total Capital for SID is now 15.19, given the latest momentum, and Return on Invested Capital for the company is 3.00. Return on Equity for this stock inclined to 7.81, with Return on Assets sitting at 1.89. When it comes to the capital structure of this company, Companhia Siderurgica Nacional ADR [SID] has a Total Debt to Total Equity ratio set at 213.51. Additionally, SID Total Debt to Total Capital is recorded at 68.10, with Total Debt to Total Assets ending up at 48.75. Long-Term Debt to Equity for the company is recorded at 185.96, with the Long-Term Debt to Total Capital now at 59.31.
Reflecting on the efficiency of the workforce at the company, Companhia Siderurgica Nacional ADR [SID] managed to generate an average of $62,352 per employee. Receivables Turnover for the company is 9.22 with a Total Asset Turnover recorded at a value of 0.54.Companhia Siderurgica Nacional ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.53.
Companhia Siderurgica Nacional ADR [SID]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SID. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Companhia Siderurgica Nacional ADR go to 3.91%.
An analysis of Institutional ownership at Companhia Siderurgica Nacional ADR [SID]
The top three institutional holders of SID stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in SID stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in SID stock with ownership which is approximately 5.7994%.
