Companhia Siderurgica Nacional ADR (NYSE: SID) Surprised Bears, Looks Healthy Going Forward.

ZM Stock

In the last trading session, 4.61 million Companhia Siderurgica Nacional ADR (NYSE:SID) shares changed hands as the company’s beta touched 2.06. With the company’s per share price at $2.70 changed hands at -$0.09 or -3.23% during last session, the market valuation stood at $3.58B. SID’s last price was a discount, traded about -49.26% off its 52-week high of $4.03. The share price had its 52-week low at $2.01, which suggests the last value was 25.56% up since then. When we look at Companhia Siderurgica Nacional ADR’s average trading volume, we note the 3-month average coming to 2.90 million.

Companhia Siderurgica Nacional ADR (NYSE:SID) trade information

Instantly SID was in red as seen at the end of in last trading. With action -10.60%, the performance over the past five days has been red. The drop to weekly highs of 2.91 subtracted -3.23% to the stock’s daily price. The company’s shares are showing year-to-date downside of -31.30%, with the 5-day performance at -10.60% in the red. However, in the 30-day time frame, Companhia Siderurgica Nacional ADR (NYSE:SID) is -10.89% down.

Companhia Siderurgica Nacional ADR (SID) estimates and forecasts

Data shows that the Companhia Siderurgica Nacional ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 25.21% over the past 6 months, a 166.67% in annual growth rate that is considerably higher than the industry average of -10.90%.

The 2024 estimates are for Companhia Siderurgica Nacional ADR earnings to increase by 15.00%, but the outlook for the next 5-year period is at 1.46% per year.

SID Dividends

Companhia Siderurgica Nacional ADR is expected to release its next quarterly earnings report in May. The 4.50% annual yield figure for the share gives it an annual dividend of 0.12. It is important to note, however, that the 4.50% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.