Companhia Siderurgica Nacional ADR [NYSE: SID] gained 7.86% or 0.11 points to close at $1.51 with a heavy trading volume of 6798138 shares.
The daily chart for SID points out that the company has recorded 4.86% gains over the past six months.
If we look at the average trading volume of 3.04M shares, SID reached to a volume of 6798138 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 $1.83 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 3.45. 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 4.19 with Quick ratio for the last quarter at 1.18.
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 14.39. With this latest performance, SID shares gained by 4.86% in over the last four-week period, additionally plugging by 4.86% over the last 6 months – not to mention a rise of 4.86% in the past year of trading.
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 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%.
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 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%.
