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Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Usinas Siderúrgicas de Minas Gerais logo with Basic Materials background

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report)'s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.08 and traded as low as $1.00. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.09, with a volume of 63,294 shares changing hands.

Usinas Siderúrgicas de Minas Gerais Stock Up 12.4 %

The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14. The firm has a market capitalization of $597.12 million, a PE ratio of 7.79, a P/E/G ratio of 6.73 and a beta of 1.80. The company has a 50-day moving average price of $0.95 and a 200 day moving average price of $1.07.

Usinas Siderúrgicas de Minas Gerais Company Profile

(Get Free Report)

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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