Is Companhia Siderurgica Nacional ADR (NYSE) Bullish Or Bearish In 2025?

Companhia Siderurgica Nacional ADR (NYSE:SID) shares, rose in value, with the stock price up by 5.84% to the previous day’s close as strong demand from buyers drove the stock to $1.45.

Actively observing the price movement in the recent trading, the stock is buoying the session at $1.37, falling within a range of $1.42 and $1.45. Referring to stock’s 52-week performance, its high was $3.84, and the low was $1.27. On the whole, SID has fluctuated by -5.84% over the past month.

With the market capitalization of Companhia Siderurgica Nacional ADR currently standing at about $1.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.23, with its dividend yield at 15.82%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 42.88B, with a low estimate of 11.03B and a high estimate of 12.28B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 11.65B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SID’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of SID currently trading nearly 3.61% and -13.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.06, while the 7-day volatility ratio is showing 3.70% which for the 30-day chart, stands at 4.30%. Furthermore, Companhia Siderurgica Nacional ADR (SID)’s beta value is 2.13, and its average true range (ATR) is 0.07.

A comparison of Companhia Siderurgica Nacional ADR (SID) with its peers suggests the former has fared considerably weaker in the market. SID showed an intraday change of 5.84% in today’s session so far, and over the past year, it shrunk by -58.33%%.

Data on historical trading for Companhia Siderurgica Nacional ADR (NYSE:SID) indicates that the trading volumes over the past 10 days have averaged 2.49 and over the past 3 months, they’ve averaged 2.53 million. According to company’s latest data on outstanding shares, there are 1.33 billion shares outstanding.

Nearly 0.01% of Companhia Siderurgica Nacional ADR’s shares belong to company insiders and institutional investors own 2.68% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.46 million shares as on 2024-12-31, resulting in a short ratio of 3.34. According to the data, the short interest in Companhia Siderurgica Nacional ADR (SID) stood at 146.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 8.02 million. The stock has risen by 0.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SID stock heading into the next quarter.

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