In recent trading session, Companhia Siderurgica Nacional (NYSE:SID) saw 1,783,569 shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $2.89 trading at $0 or 0% at recent trade assigns it a market valuation of $3.97 Billion. That current trading price of SID’s stock is at a discount of -30.8% from its 52-week high price of $3.78 and is indicating a premium of 64.71% from its 52-week low price of $1.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.67 Million shares which gives us an average trading volume of 1.69 Million if we extend that period to 3-months.
Companhia Siderurgica Nacional (NYSE:SID) trade information
In the face of being in the red today for losing 0%, in the last five days SID remained trading in the green while hitting it’s week-highest on Friday, Sep 18 when the stock touched $3.20-1 price level, adding 11.09% to its value on the day. Companhia Siderurgica Nacional’s shares saw a change of -17.54% in year-to-date performance and have moved -11.37% in past 5-day. Companhia Siderurgica Nacional (NYSE:SID) showed a performance of 10.7% in past 30-days. Number of shares sold short was 7.3 Million shares which calculate 4.32 days to cover the short interests.
Companhia Siderurgica Nacional (SID) estimates and forecasts
Statistics highlight that Companhia Siderurgica Nacional is scoring comparatively lower than the scores of other players of the relevant industry. The company added +124.03% of value to its shares in past 6 months, showing an annual growth rate of -25.64% while that of industry is -22. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 305.9% in the current quarter and calculating -47.1% decline in the next quarter. This year revenue growth is estimated to rise 2.3% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.38 Billion for the same. And 1 analysts are in estimates of company making revenue of $1.38 Billion in the next quarter that will end in December 01, 2020. Company posted $1.11 Billion and $1.21 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 24% while estimating it to be 14% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 81% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -64.9% while estimates for its earnings growth in next 5 years are of -3.42%
Companhia Siderurgica Nacional is more likely release its next earnings report in August, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.38%, the share has a forward dividend of 0.07 which implies that company’s dividend yield remained growing in trailing twelve months.
Companhia Siderurgica Nacional (NYSE:SID)’s Major holders
Insiders are in possession of 0% of company’s total shares while institution are holding 3.33% percent of that, with stock having share float percentage of 3.33%. Investors also watch the number of corporate investors in a company very closely, which is 124 institutions for Companhia Siderurgica Nacional that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at SID for having 7.7 Million shares of worth $15.08 Million. And as of June 29, 2020, it was holding 0.55% of the company’s outstanding shares.
The second largest institutional holder is Dimensional Fund Advisors LP, which was holding about 5.73 Million shares on June 29, 2020. The number of shares represents firm’s hold over 0.41% of outstanding shares, having a total worth of $11.23 Million.
On the other hand, Vanguard International Stock Index-Emerging Markets Stk and DFA Emerging Markets Core Equity Portfolio are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 4332693 shares of worth $6.93 Million or 0.31% of the total outstanding shares. The later fund manager was in possession of 3.61 Million shares on April 29, 2020, making its stake of worth around $5.78 Million in the company or a holder of 0.26% of company’s stock.