Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY - Get Free Report)'s share price dropped 1.3% during mid-day trading on Friday . The company traded as low as $0.81 and last traded at $0.83. Approximately 6,484 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 103,722 shares. The stock had previously closed at $0.84.
Usinas Siderurgicas de Minas Gerais Price Performance
The company has a current ratio of 4.26, a quick ratio of 2.56 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $0.93 and a 200 day simple moving average of $0.97. The stock has a market cap of $452.61 million, a P/E ratio of 41.33 and a beta of 1.50.
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last released its earnings results 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. Usinas Siderurgicas de Minas Gerais had a net margin of 0.69% and a return on equity of 0.67%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $6.50 billion. Sell-side analysts forecast that Usinas Siderurgicas de Minas Gerais SA will post 0.09 earnings per share for the current fiscal 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.