Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Trading Down 1.3% - Here's What Happened

Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY - Get Free Report) was down 1.3% on Friday . The stock traded as low as $0.81 and last traded at $0.83. Approximately 6,484 shares changed hands during 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 Trading Up 0.3%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.56 and a current ratio of 4.26. The stock has a market capitalization of $454.09 million, a PE ratio of 41.47 and a beta of 1.50. The business's 50-day moving average is $0.93 and its two-hundred day moving average is $0.97.

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last issued its earnings results on Thursday, April 24th. The basic materials company reported $0.04 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $6.50 billion. As a group, equities research analysts anticipate that Usinas Siderurgicas de Minas Gerais SA will post 0.09 earnings per share for the current year.

Usinas Siderurgicas de Minas Gerais Company Profile

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.