Companhia Siderurgica Nacional ADR [NYSE: SID] traded at a low on Thursday, posting a -2.00 loss after which it closed the day’ session at $1.47.
The results of the trading session contributed to over 2753430 shares changing hands. Over the past one week, the price volatility of Companhia Siderurgica Nacional ADR stands at 4.64% while the volatility over the past one month is 4.32%.
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The market cap for SID stock reached $1.95 billion, with 1.33 billion shares outstanding and 1.33 billion shares in the current float. Compared to the average trading volume of 2.43M shares, SID reached a trading volume of 2753430 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $2.21 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 3.30. 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.
BofA Securities have made an estimate for Companhia Siderurgica Nacional ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on April 09, 2024. The new note on the price target was released on April 04, 2024, representing the official price target for Companhia Siderurgica Nacional ADR stock.
The Average True Range (ATR) for Companhia Siderurgica Nacional ADR is set at 0.09, with the Price to Sales ratio for SID stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 0.79, with the Price to Cash per share for the same quarter was set at 2.70. Price to Free Cash Flow for SID in the course of the last twelve months was 5.69 with Quick ratio for the last quarter at 0.93.
How has SID stock performed recently?
Companhia Siderurgica Nacional ADR [SID] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.55. With this latest performance, SID shares dropped by -27.59% in over the last four-week period, additionally sinking by -36.64% over the last 6 months – not to mention a drop of -62.78% 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 26.57, with the RSI for the last a single of trading hit 22.29, and the three-weeks RSI is set at 30.31 for Companhia Siderurgica Nacional ADR [SID]. The present Moving Average for the last 50 days of trading for this stock 1.9238, while it was recorded at 1.5020 for the last single week of trading, and 2.3275 for the last 200 days.
Companhia Siderurgica Nacional ADR [SID]: Deeper insight into the fundamentals
Companhia Siderurgica Nacional ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.34.
Earnings analysis for Companhia Siderurgica Nacional ADR [SID]
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 1.36%.
Insider trade positions for Companhia Siderurgica Nacional ADR [SID]
The top three institutional holders of SID stocks are: VANGUARD GROUP INC with ownership of 4.92 million shares, which is approximately 0.3707%. DIMENSIONAL FUND ADVISORS LP, holding 4.47 million shares of the stock with an approximate value of $$10.3 million in SID stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$4.44 million in SID stock with ownership which is approximately 0.1454%.
