Are Analysts Too Bullish On Companhia Siderurgica Nacional ADR (SID)

Companhia Siderurgica Nacional ADR (NYSE:SID) currently has a daily average trading volume of 2.40M but it saw 6114820 shares traded in last market. With a market cap of 2.04B USD, the company’s current market price of $1.54 came falling about -10.47 while comparing to the previous closing price of $1.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.03 and as low as $1.66. In the recent trading on the day, stock has struck highest price mark of $1.52 while lowest mark touched by it was $1.67.

Taking a look at 20-day trading activity of Companhia Siderurgica Nacional ADR (SID) gives us an average price of $1.8795, while its current price level is -61.79% below from 52-week high level whereas it is -7.23% 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 $1.9870 while that of 200 days or SMA-200 reads an average of $2.3709. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.88% during that period while stretching the period over a month that decreases to 3.88%. 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 26.51 which implies that the stock is in oversold territory.

Over the week, SID’s stock price is moving -20.62% down while it is -23.00% when we observe its performance for the past one month. Year-to-date it is -60.81% down and over the past year, the stock is showing a downside performance of -58.60%.

Currently, Companhia Siderurgica Nacional ADR’s total number of outstanding shares is 1.33B. Company’s return on investment (ROI) stands at -2.47% and return on equity (ROE) at -8.49%. It has a 23.09 of forward P/E ratio. Stock’s beta reads 2.13. Stock has a price to book (P/B) ratio of 0.83 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is -1.44% on average.