Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 404,200 shares, a decrease of 51.4% from the November 15th total of 832,200 shares. Based on an average trading volume of 220,000 shares, the days-to-cover ratio is currently 1.8 days.
Usinas Siderúrgicas de Minas Gerais Stock Down 1.0 %
Shares of USNZY traded down $0.01 during midday trading on Thursday, reaching $1.02. 11,612 shares of the company were exchanged, compared to its average volume of 106,520. Usinas Siderúrgicas de Minas Gerais has a 1-year low of $1.00 and a 1-year high of $2.23. The stock has a 50-day moving average price of $1.13 and a 200-day moving average price of $1.23. The company has a current ratio of 3.59, a quick ratio of 2.09 and a debt-to-equity ratio of 0.27. The company has a market cap of $558.78 million, a price-to-earnings ratio of 7.29, a P/E/G ratio of 13.21 and a beta of 1.80.
Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last posted its quarterly earnings data on Friday, October 25th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The company had revenue of $1.23 billion for the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 3.56% and a return on equity of 3.44%. Research analysts expect that Usinas Siderúrgicas de Minas Gerais will post 0.05 earnings per share for the current year.
About Usinas Siderúrgicas de Minas Gerais
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Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.
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