Companhia Siderurgica Nacional ADR [NYSE: SID] price surged by 3.40 percent to reach at $0.05.
A sum of 4620960 shares traded at recent session while its average daily volume was at 3.17M shares. Companhia Siderurgica Nacional ADR shares reached a high of $1.56 and dropped to a low of $1.5 until finishing in the latest session at $1.52.
The one-year SID stock forecast points to a potential upside of 19.58. The average equity rating for SID stock is currently 3.30, trading closer to a bullish pattern in the stock market.
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 $1.89 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 Price to Book ratio for the last quarter was 0.88, with the Price to Cash per share for the same quarter was set at 2.73. Price to Free Cash Flow for SID in the course of the last twelve months was 4.21 with Quick ratio for the last quarter at 1.18.
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 0.66. With this latest performance, SID shares gained by 2.70% in over the last four-week period, additionally plugging by 4.83% over the last 6 months – not to mention a rise of 5.56% in the past year of trading.
Insight into Companhia Siderurgica Nacional ADR Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Companhia Siderurgica Nacional ADR [SID] shares currently have an operating margin of 10.30% and a Gross Margin at 26.29%. Companhia Siderurgica Nacional ADR’s Net Margin is presently recorded at -5.83%.
Return on Equity for this stock declined to -2.61%, with Return on Assets sitting at -2.61%.
Companhia Siderurgica Nacional ADR [SID] Institutonal Ownership Details
There are presently around $2.45%, or 2.45% of SID stock, in the hands of institutional investors. 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%.
