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Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Crosses Above Fifty Day Moving Average - Here's Why

Usinas Siderúrgicas de Minas Gerais logo with Basic Materials background

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.02 and traded as high as $1.16. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.16, with a volume of 431 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Price Performance

The company has a quick ratio of 2.14, a current ratio of 3.72 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $1.02 and a 200-day simple moving average of $1.04. The stock has a market cap of $525.36 million, a price-to-earnings ratio of -47.95, a PEG ratio of 6.54 and a beta of 1.51.

About Usinas Siderúrgicas de Minas Gerais

(Get Free Report)

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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