Usinas Siderurgicas de Minas Gerais (USNZY) Expected to Announce Quarterly Earnings on Thursday

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) is expected to be announcing its results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.

Usinas Siderurgicas de Minas Gerais Trading Down 6.6%

Shares of USNZY stock opened at $1.28 on Thursday. Usinas Siderurgicas de Minas Gerais has a 12-month low of $0.70 and a 12-month high of $1.40. The company has a market capitalization of $701.21 million, a PE ratio of -2.61 and a beta of 1.32. The firm has a 50 day moving average price of $1.16 and a two-hundred day moving average price of $1.00. The company has a quick ratio of 2.64, a current ratio of 4.21 and a debt-to-equity ratio of 0.26.

About Usinas Siderurgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS: USNZY), widely known as Usiminas, is one of Brazil’s leading integrated steel producers. The company operates across the full steel value chain, from iron ore mining to the manufacture and distribution of flat steel products. Its portfolio includes hot- and cold-rolled coils, coated sheets, tin plates, plates and tubular products, which serve a broad array of end markets such as construction, automotive, packaging, machinery and energy.

Founded in the mid-1950s through a partnership between Brazilian and international investors, Usiminas is headquartered in Belo Horizonte and maintains its principal steelmaking facilities in Ipatinga, Minas Gerais, as well as secondary operations in Cubatão (São Paulo) and Santa Cruz.