Companhia Siderurgica Nacional ADR (NYSE: SID) – Time For Strategy Change?

Companhia Siderurgica Nacional ADR (NYSE:SID) currently has a daily average trading volume of 2.37M but it saw 4418450 shares traded in last market. With a market cap of 1.76B USD, the company’s current market price of $1.33 came falling about -6.99 while comparing to the previous closing price of $1.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.94 and as low as $1.37. In the recent trading on the day, stock has struck highest price mark of $1.31 while lowest mark touched by it was $1.38.

Taking a look at 20-day trading activity of Companhia Siderurgica Nacional ADR (SID) gives us an average price of $1.5655, while its current price level is -66.24% below from 52-week high level whereas it is -2.56% 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 $1.8186 while that of 200 days or SMA-200 reads an average of $2.2580. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.93% during that period while stretching the period over a month that increases to 4.41%. 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 26.33 which implies that the stock is in oversold territory.

Over the week, SID’s stock price is moving -7.64% down while it is -27.32% when we observe its performance for the past one month. Year-to-date it is -7.64% down and over the past year, the stock is showing a downside performance of -66.07%.

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 19.94 of forward P/E ratio. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 0.72 while price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is -1.44% on average.