Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Stock Price Down 7.6% - What's Next?

Key Points

• Stock down 7.6% — shares fell to $1.34 on Monday on thin trading (8,909 shares vs. an average of 126,275), after closing at $1.45.
• Quarterly beat but mixed profitability — Usiminas reported $0.01 EPS (beating estimates by $0.03) with $1.14B revenue in line with expectations, yet it still posts a negative net margin (-12.13%) and a negative P/E (-2.98).
• Solid liquidity and low leverage: the stock trades above its 50- and 200-day moving averages ($1.27 and $1.14), the company has a market cap of about $750.5M, a debt-to-equity of 0.27, and a current ratio of 4.12, indicating manageable balance-sheet risk despite operational losses.

Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY - Get Free Report)'s stock price traded down 7.6% during trading on Monday . The company traded as low as $1.34 and last traded at $1.34. 8,909 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 126,275 shares. The stock had previously closed at $1.45.

Usinas Siderurgicas de Minas Gerais Stock Performance

The business's 50-day moving average price is $1.27 and its 200-day moving average price is $1.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.67 and a current ratio of 4.12. The stock has a market cap of $750.51 million, a P/E ratio of -2.98 and a beta of 1.28.

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last issued its quarterly earnings data on Friday, February 13th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. Usinas Siderurgicas de Minas Gerais had a negative net margin of 12.13% and a positive return on equity of 1.98%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. As a group, sell-side analysts expect that Usinas Siderurgicas de Minas Gerais SA will post 0.09 earnings per share for the current fiscal year.

Usinas Siderurgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA OTCMKTS: USNZY, widely known as Usiminas, is one of Brazil's leading integrated steel producers. The company operates across the full steel value chain, from iron ore mining to the manufacture and distribution of flat steel products. Its portfolio includes hot- and cold-rolled coils, coated sheets, tin plates, plates and tubular products, which serve a broad array of end markets such as construction, automotive, packaging, machinery and energy.

Founded in the mid-1950s through a partnership between Brazilian and international investors, Usiminas is headquartered in Belo Horizonte and maintains its principal steelmaking facilities in Ipatinga, Minas Gerais, as well as secondary operations in Cubatão (São Paulo) and Santa Cruz.

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