Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 153,700 shares, an increase of 71.2% from the April 30th total of 89,800 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 145,700 shares, the short-interest ratio is currently 1.1 days.
Usinas Siderúrgicas de Minas Gerais Trading Up 0.3%
OTCMKTS:USNZY traded up $0.00 during mid-day trading on Wednesday, reaching $0.95. 8,604 shares of the company's stock traded hands, compared to its average volume of 51,558. Usinas Siderúrgicas de Minas Gerais has a 12-month low of $0.82 and a 12-month high of $1.58. The firm has a market capitalization of $521.91 million, a price-to-earnings ratio of -47.64, a PEG ratio of 6.54 and a beta of 1.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14. The company has a 50 day moving average price of $0.99 and a 200-day moving average price of $0.99.
Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The basic materials company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.03. Usinas Siderúrgicas de Minas Gerais had a negative return on equity of 0.31% and a negative net margin of 0.33%. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $6.50 billion. On average, sell-side analysts predict that Usinas Siderúrgicas de Minas Gerais will post 0.09 earnings per share for the current year.
About Usinas Siderúrgicas de Minas Gerais
(
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Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.
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