Companhia Siderurgica Nacional ADR (NYSE: SID) Stock Declined -6.57% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Companhia Siderurgica Nacional ADR (NYSE:SID) does about 1.68M shares in volume on a normal day but saw 2443186 shares change hands in the recent trading day. The company now has a market cap of 2.64B USD. Its current market price is $1.99, marking a decrease of -1.00% compared to the previous close of $2.01. The 52 week high reached by this stock is $4.03 whilst the lowest price level in 52 weeks is $2.00.

Companhia Siderurgica Nacional ADR (SID) has a 20-day trading average at $2.2470 and the current price is -50.62% off the 52-week high compared with -0.50% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.3262 and its 200-day simple moving average is $2.9434. If we look at the stock’s price movements over the week, volatility stands at 2.80%, which decreases to 2.48% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 26.29 to suggest the stock is oversold.

The consensus objective for the share price is $2.84, suggesting that the stock has a potential upside of 29.93% over the period.

0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is nan and Wall Street’s advice is for investors to Hold the stock.

Companhia Siderurgica Nacional ADR (SID) stock is down -6.57% over the week and -17.43% over the past month. Its price is -49.36% year-to-date and -24.43% over the past year.

To reach the target analysts have set, the stock logically needs to grow 29.93 percent from here.

The company has a return on investment of 0.03% and return on equity of 0.09%. The price to earnings ratio (P/E ratio) amounts to 829.17 while the forward price to earnings ratio is 6.10. The beta has a value of 2.16. Price to book ratio is 0.76 and price to sales ratio is 0.30.