The $2.76 Is The Price At Which Companhia Siderurgica Nacional ADR (NYSE: SID) Deserves Consideration

During the recent session, Companhia Siderurgica Nacional ADR (NYSE:SID)’s traded shares were 1.46 million, with the beta value of the company hitting 2.06. At the last check today, the stock’s price was $2.76, reflecting an intraday gain of 1.85% or $0.05. The 52-week high for the SID share is $4.03, that puts it down -46.01 from that peak though still a striking 27.17% gain since the share price plummeted to a 52-week low of $2.01. The company’s market capitalization is $3.66B, and the average trade volume was 3.02 million shares over the past three months.

Companhia Siderurgica Nacional ADR (NYSE:SID) trade information

Companhia Siderurgica Nacional ADR (SID) registered a 1.85% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.85% in intraday trading to $2.76, hitting a weekly high. The stock’s 5-day price performance is -2.13%, and it has moved by -12.10% in 30 days. Based on these gigs, the overall price performance for the year is 12.19%.

Companhia Siderurgica Nacional ADR (SID) estimates and forecasts

Statistics show that Companhia Siderurgica Nacional ADR has outperformed its competitors in share price, compared to the industry in which it operates. Companhia Siderurgica Nacional ADR (SID) shares have gone up 32.69% during the last six months, with a year-to-date growth rate more than the industry average at 100.00% against -13.30. In the rating firms’ projections, revenue will decrease -5.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.95B as predicted by 2 analyst(s).

While earnings are projected to return 19.31% in 2024, the next five years will return 1.41% per annum.

SID Dividends

Companhia Siderurgica Nacional ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Companhia Siderurgica Nacional ADR is 0.12, with the dividend yield indicating at 4.41 percent, continuing the trend of increasing dividends in recent years.