Companhia Siderurgica Nacional (NYSE:SID) was upgraded by equities researchers at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a report issued on Wednesday, The Fly reports.
Separately, UBS Group raised Companhia Siderurgica Nacional from an “underperform” rating to a “market perform” rating in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold”.
Companhia Siderurgica Nacional (NYSE SID) traded up $0.01 during trading hours on Wednesday, reaching $3.12. The company’s stock had a trading volume of 1,669,969 shares, compared to its average volume of 3,171,433. The company has a quick ratio of 0.94, a current ratio of 1.48 and a debt-to-equity ratio of 3.14. Companhia Siderurgica Nacional has a one year low of $1.76 and a one year high of $4.24. The stock has a market capitalization of $4,370.00, a price-to-earnings ratio of -51.92 and a beta of 2.15.
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.
