Companhia Siderurgica Nacional ADR [NYSE: SID] stock went on an upward path that rose over 4.55% on Thursday, amounting to a one-week price increase of more than 17.52%.
Over the last 12 months, SID stock dropped by -55.65%. The one-year Companhia Siderurgica Nacional ADR stock forecast points to a potential upside of 21.46. The average equity rating for SID stock is currently 3.30, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.14 billion, with 1.33 billion shares outstanding and 1.33 billion shares in the current float. Compared to the average trading volume of 2.52M shares, SID stock reached a trading volume of 4979000 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $2.05 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 0.07, with the Price to Sales ratio for SID stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 0.87, 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 6.23 with Quick ratio for the last quarter at 0.93.
SID Stock Performance Analysis:
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 17.52. With this latest performance, SID shares gained by 11.81% in over the last four-week period, additionally sinking by -22.97% over the last 6 months – not to mention a drop of -55.65% 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 60.75, with the RSI for the last a single of trading hit 73.02, and the three-weeks RSI is set at 53.12 for Companhia Siderurgica Nacional ADR [SID]. The present Moving Average for the last 50 days of trading for this stock 1.6460, while it was recorded at 1.5380 for the last single week of trading, and 2.1472 for the last 200 days.
Insight into Companhia Siderurgica Nacional ADR 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.
SID Stock EPS
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 -5.83%.
Companhia Siderurgica Nacional ADR [SID] Institutonal Ownership Details
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%.
