Companhia Siderúrgica Nacional (NYSE:SID - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $1.33, but opened at $1.30. Companhia Siderúrgica Nacional shares last traded at $1.31, with a volume of 187,309 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Companhia Siderúrgica Nacional from a "buy" rating to a "hold" rating in a research report on Tuesday, December 10th.
Read Our Latest Report on Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional Stock Performance
The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.93 and a current ratio of 1.34. The stock's 50 day simple moving average is $1.75 and its 200-day simple moving average is $2.03.
Companhia Siderúrgica Nacional Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were issued a dividend of $0.0952 per share. The ex-dividend date was Friday, November 29th. Companhia Siderúrgica Nacional's dividend payout ratio (DPR) is presently -733.09%.
Hedge Funds Weigh In On Companhia Siderúrgica Nacional
Institutional investors have recently modified their holdings of the business. Inspire Investing LLC purchased a new position in Companhia Siderúrgica Nacional in the second quarter valued at $27,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Companhia Siderúrgica Nacional during the 2nd quarter worth $28,000. Sivia Capital Partners LLC acquired a new position in Companhia Siderúrgica Nacional in the third quarter valued at $30,000. PDS Planning Inc purchased a new position in shares of Companhia Siderúrgica Nacional during the third quarter worth about $32,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Companhia Siderúrgica Nacional in the 2nd quarter valued at about $52,000.
About Companhia Siderúrgica Nacional
(
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Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products.
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