Companhia Siderurgica Nacional ADR [NYSE: SID] surged by $0.07 during the normal trading session on Thursday and reaching a high of $1.78 during the day while it closed the day at $1.78.
Companhia Siderurgica Nacional ADR stock has also gained 10.56% of its value over the past 7 days. However, SID stock has inclined by 21.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 19.46% and lost -4.81% year-on date.
The market cap for SID stock reached $2.36 billion, with 1.33 billion shares outstanding and 1.33 billion shares in the current float. Compared to the average trading volume of 2.36M shares, SID reached a trading volume of 3875799 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $1.93 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 3.58. 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 0.89, with the Price to Cash per share for the same quarter was set at 2.47.
SID stock trade performance evaluation
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 10.56. With this latest performance, SID shares gained by 8.54% in over the last four-week period, additionally plugging by 19.46% over the last 6 months – not to mention a rise of 23.61% 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 67.89, with the RSI for the last a single of trading hit 0.0609, and the three-weeks RSI is set at 0.0605 for Companhia Siderurgica Nacional ADR [SID]. The present Moving Average for the last 50 days of trading for this stock 1.5954, while it was recorded at 1.6560 for the last single week of trading, and 1.5338 for the last 200 days.
Companhia Siderurgica Nacional ADR [SID]: An insightful look at the core 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 11.95% and a Gross Margin at 27.05%. Companhia Siderurgica Nacional ADR’s Net Margin is presently recorded at -3.37%.
Companhia Siderurgica Nacional ADR (SID) Capital Structure & Debt Analysis
According to recent financial data for Companhia Siderurgica Nacional ADR. ( SID), the Return on Equity (ROE) stands at -10.50%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -1.46%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Companhia Siderurgica Nacional ADR’s Return on Invested Capital (ROIC) is -2.46%, showcasing its effectiveness in deploying capital for earnings.
Companhia Siderurgica Nacional ADR (SID) Efficiency & Liquidity Metrics
Based on Companhia Siderurgica Nacional ADR’s (SID) latest financial statements, the Debt-to-Equity Ratio is 3.76%, indicating its reliance on debt financing relative to shareholder equity.
Companhia Siderurgica Nacional ADR (SID) Efficiency & Liquidity Metrics
Companhia Siderurgica Nacional ADR [SID]: Institutional Ownership
There are presently around $2.67%, or 2.67%% 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%.
