Free Trial

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Sees Strong Trading Volume - What's Next?

Usinas Siderurgicas de Minas Gerais logo with Basic Materials background

Shares of Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 273,697 shares traded hands during mid-day trading, an increase of 450% from the previous session's volume of 49,732 shares.The stock last traded at $0.92 and had previously closed at $0.92.

Usinas Siderurgicas de Minas Gerais Trading Down 1.7%

The firm has a market cap of $476.60 million, a price-to-earnings ratio of 43.52 and a beta of 1.57. The firm's 50-day moving average is $0.98 and its 200-day moving average is $0.98. The company has a current ratio of 4.26, a quick ratio of 2.56 and a debt-to-equity ratio of 0.31.

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The basic materials company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $6.50 billion. Usinas Siderurgicas de Minas Gerais had a net margin of 0.69% and a return on equity of 0.67%. As a group, sell-side analysts anticipate that Usinas Siderurgicas de Minas Gerais SA will post 0.09 EPS for the current fiscal year.

Usinas Siderurgicas de Minas Gerais Company Profile

(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.

Read More

Should You Invest $1,000 in Usinas Siderurgicas de Minas Gerais Right Now?

Before you consider Usinas Siderurgicas de Minas Gerais, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Usinas Siderurgicas de Minas Gerais wasn't on the list.

While Usinas Siderurgicas de Minas Gerais currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines