Free Trial

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Stock Price Crosses Below 50-Day Moving Average - Should You Sell?

Usinas Siderurgicas de Minas Gerais logo with Basic Materials background

Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.98 and traded as low as $0.85. Usinas Siderurgicas de Minas Gerais shares last traded at $0.92, with a volume of 35,964 shares changing hands.

Usinas Siderurgicas de Minas Gerais Price Performance

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

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The basic materials company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The firm had revenue of $1.17 billion during 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%. Research analysts forecast that Usinas Siderurgicas de Minas Gerais SA will post 0.09 earnings per share for the current year.

About Usinas Siderurgicas 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.

Recommended Stories

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

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

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

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines