A Few Bright Spots In Companhia Siderurgica Nacional ADR (NYSE: SID)

Companhia Siderurgica Nacional ADR (NYSE:SID) currently has a daily average trading volume of 2.31M but it saw 2557733 shares traded in last market. With a market cap of 1.88B USD, the company’s current market price of $1.42 came falling about -1.39 while comparing to the previous closing price of $1.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.98 and as low as $1.41. In the recent trading on the day, stock has struck highest price mark of $1.38 while lowest mark touched by it was $1.43.

Taking a look at 20-day trading activity of Companhia Siderurgica Nacional ADR (SID) gives us an average price of $1.6605, while its current price level is -64.37% below from 52-week high level whereas it is 0.71% 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 $1.8718 while that of 200 days or SMA-200 reads an average of $2.2940. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.45% during that period while stretching the period over a month that increases to 4.35%. 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 25.19 which implies that the stock is in oversold territory.

Over the week, SID’s stock price is moving -5.33% down while it is -24.06% when we observe its performance for the past one month. Year-to-date it is -1.39% down and over the past year, the stock is showing a downside performance of -63.50%.

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 21.29 of forward P/E ratio. Stock’s beta reads 2.16. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 0.22. Its return on asset (ROA) is -1.44% on average.