It’s Not A Fantasy To Think That Companhia Siderurgica Nacional ADR (SID) Has Big Future Potential

Companhia Siderurgica Nacional ADR (NYSE:SID) currently has a daily average trading volume of 1.74M but it saw 1857503 shares traded in last market. With a market cap of 2.84B USD, the company’s current market price of $2.14 came falling about -2.73 while comparing to the previous closing price of $2.20. 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 $2.13 while lowest mark touched by it was $2.18.

Taking a look at 20-day trading activity of Companhia Siderurgica Nacional ADR (SID) gives us an average price of $2.27, while its current price level is -46.90% below from 52-week high level whereas it is 13.23% 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 $2.18 while that of 200 days or SMA-200 reads an average of $2.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that increases to 3.31%. 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 43.14 which implies that the stock is in neutral territory.

Over the week, SID’s stock price is moving -9.70% down while it is 2.39% when we observe its performance for the past one month. Year-to-date it is -45.55% down and over the past year, the stock is showing a downside performance of -2.06%.

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 8.08 of forward P/E ratio. Stock’s beta reads 2.17. Stock has a price to book (P/B) ratio of 1.12 while price to sale or P/S ratio amounts to 0.32. Its return on asset (ROA) is -0.79% on average.