Should You Sell Companhia Siderurgica Nacional ADR (SID) And Go Away This Year?

Companhia Siderurgica Nacional ADR (NYSE:SID) currently has a daily average trading volume of 1.55M but it saw 3641784 shares traded in last market. With a market cap of 3.24B USD, the company’s current market price of $2.44 came rising about 8.44 while comparing to the previous closing price of $2.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.03 and as low as $1.89. In the recent trading on the day, stock has struck highest price mark of $2.3308 while lowest mark touched by it was $2.46.

Taking a look at 20-day trading activity of Companhia Siderurgica Nacional ADR (SID) gives us an average price of $2.14, while its current price level is -39.45% below from 52-week high level whereas it is 29.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.14 while that of 200 days or SMA-200 reads an average of $2.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.23% during that period while stretching the period over a month that decreases to 3.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.48 which implies that the stock is in neutral territory.

Over the week, SID’s stock price is moving 9.42% up while it is 7.49% when we observe its performance for the past one month. Year-to-date it is -37.91% down and over the past year, the stock is showing an upside performance of 7.90%.

Currently, Companhia Siderurgica Nacional ADR’s total number of outstanding shares is 1.33B. Company’s return on investment (ROI) stands at -1.33% and return on equity (ROE) at -4.26%. It has a 9.79 of forward P/E ratio. Stock’s beta reads 2.16. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is -0.79% on average.