The trading price of Companhia Siderurgica Nacional ADR (NYSE:SID) floating lower at last check on current market day and closing at $1.51, -6.21% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $2.64 and a 52-week low of $1.27. Over the past month, the stock has lost -11.18% in value.
Companhia Siderurgica Nacional ADR, whose market valuation is $2.00 billion at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 15.19%, while its Forward Dividend ratio is 0.23. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SID has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that SID’s price is currently -7.67% off the SMA20 and -6.87% off the SMA50. The RSI metric on the 14-day chart is currently showing 38.89, and weekly volatility stands at 1.81%. When measured over the past 30 days, the indicator reaches 2.54%. Companhia Siderurgica Nacional ADR (NYSE:SID)’s beta value is currently sitting at 1.76, while the Average True Range indicator is currently displaying 0.07.
To see how Companhia Siderurgica Nacional ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: SID stock’s performance was -6.21% at last check in today’s session, and -40.08% in the past year.
An evaluation of the daily trading volume of Companhia Siderurgica Nacional ADR (NYSE:SID) indicates that the 3-month average is 2.82 million.
Currently, records show that 1.33 billion of the company’s shares remain outstanding. The insiders hold 0.01% of outstanding shares, whereas institutions hold 2.41%. However, since the stock’s price has seen 4.86% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
