Companhia Siderurgica Nacional (NYSE:SID) gapped up prior to trading on Monday . The stock had previously closed at $3.91, but opened at $4.10. Companhia Siderurgica Nacional shares last traded at $4.13, with a volume of 4742231 shares traded.
Several equities research analysts recently commented on SID shares. Zacks Investment Research downgraded Companhia Siderurgica Nacional from a “hold” rating to a “sell” rating in a report on Wednesday, January 23rd. BTIG Research upgraded Companhia Siderurgica Nacional from a “hold” rating to a “buy” rating in a report on Wednesday, January 23rd. Itau BBA Securities upgraded Companhia Siderurgica Nacional from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 21st. HSBC upgraded Companhia Siderurgica Nacional from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd. Finally, Morgan Stanley upgraded Companhia Siderurgica Nacional from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 5th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. Companhia Siderurgica Nacional presently has an average rating of “Buy” and a consensus price target of $4.75.
The company has a debt-to-equity ratio of 2.31, a current ratio of 1.05 and a quick ratio of 0.61.
Companhia Siderurgica Nacional Company Profile (NYSE:SID)
Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil. It operates through five segments: Steel, Mining, Logistics, Cement, and Energy. It produces a line of steel products, including slabs, hot and cold-rolled, galvanized, and tin mill products for the distribution, packaging, automotive, home appliance, and construction industries.
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