Companhia Siderurgica Nacional (SID) Trading 6.7% Higher

Companhia Siderurgica Nacional (NYSE:SID) traded up 6.7% during trading on Thursday . The stock traded as high as $3.40 and last traded at $3.35. 10,295,074 shares changed hands during trading, an increase of 142% from the average session volume of 4,247,722 shares. The stock had previously closed at $3.14.

Several equities research analysts have recently commented on the company. UBS Group raised Companhia Siderurgica Nacional from a “sell” rating to a “neutral” rating in a research note on Thursday. Morgan Stanley raised Companhia Siderurgica Nacional from an “underweight” rating to an “equal weight” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold”.

The company has a current ratio of 1.48, a quick ratio of 0.94 and a debt-to-equity ratio of 3.14. The company has a market capitalization of $4,660.00, a P/E ratio of -55.83 and a beta of 2.15.

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Companhia Siderurgica Nacional Company Profile

Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy.

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