Companhia Siderurgica Nacional (ADR) (NYSE:SID) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 29, 2016
Boasting a price of $2.79, Companhia Siderurgica Nacional (ADR) (NYSE:SID) traded -4.18% lower on the day. With the last stock price close up 1.86% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Companhia Siderurgica Nacional (ADR) has recorded a 50-day average of $2.82 and a two hundred day average of $2.70. Volume of trade was down over the average, with 1,763,612 shares of SID changing hands under the typical 2,047,660
Zacks Investment Research has upgraded Companhia Siderurgica Nacional (ADR) (NYSE:SID) to Hold in a statement released on 9/29/2016.
With a total market value of $0, Companhia Siderurgica Nacional (ADR) has price-earnings ratio of 20.68 with a one year low of $0.73 and a one year high of $3.92 .
More About Companhia Siderurgica Nacional (ADR) (NYSE:SID)
Companhia Siderurgica Nacional 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 through five segments: steel, mining, cement, logistics and energy. The steel segment is engaged in the production, distribution and sale of flat steel, long steel, metallic containers and galvanized steel, with operations in Brazil, the United States, Portugal and Germany. The mining segment encompasses the activities of iron ore and tin mining. The cement segment is engaged in the cement production, distribution and sale operations. The Company operates a port terminal for containers, Sepetiba Tecon, at Itaguai Port, in the state of Rio de Janeiro. The Company is an industrial consumer of electric power in Brazil. The Company's steel sales are focused on the domestic market.
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