Companhia Siderurgica Nacional ADR (NYSE:SID) price closed higher on current market day and jumping 5.41% above its previous close.
A look at the daily price movement shows that the last close reads $1.48. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.50 and 52-week low of $1.27. The stock subtracted -1.27% on its value in the past month.
Companhia Siderurgica Nacional ADR, which has a market valuation of $2.07 billion, is expected to release its quarterly earnings report in July. The company stock has a Forward Dividend ratio of 0.09, while the dividend yield is 5.89%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
On average, analysts have forecast the company’s revenue for the quarter will hit 11.82B, with the likely lows of 11.82B and highs of 11.82B. The average estimate suggests sales growth for the quarter will likely rise by 8.66% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 45.6B for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 4.39% above that which the company brought in the current year earning report.
The overview shows that SID’s price is at present 0.10% off the SMA20 and -0.86% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.63, with weekly volatility standing at 2.80%. The indicator jumps to 2.78% when calculated based on the past 30 days. Companhia Siderurgica Nacional ADR (NYSE:SID)’s beta value is holding at 1.72, while the average true range (ATR) indicator is currently reading 0.07.
Current records show that the company has 1.33B in outstanding shares. The insiders’ percentage holdings are 0.01% of outstanding shares while the percentage share held by institutions stands at 2.41%. But the 8.33% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
