Companhia Siderurgica Nacional (NYSE:SID) shares gapped up prior to trading on Monday . The stock had previously closed at $2.75, but opened at $2.63. Companhia Siderurgica Nacional shares last traded at $2.65, with a volume of 819809 shares.
Several research analysts have weighed in on SID shares. UBS raised Companhia Siderurgica Nacional from a “sell” rating to a “neutral” rating in a research report on Thursday, January 11th. JPMorgan Chase raised Companhia Siderurgica Nacional from an “underweight” rating to a “neutral” rating in a research report on Wednesday, January 17th. Finally, Morgan Stanley raised Companhia Siderurgica Nacional from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, January 10th. Five investment analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold”.
The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.70 and a current ratio of 1.11.
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About Companhia Siderurgica Nacional
Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy.
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