Companhia Siderúrgica Nacional (SID) Projected to Post Quarterly Earnings on Thursday

Companhia Siderúrgica Nacional (NYSE:SID) is projected to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Companhia Siderúrgica Nacional to post earnings of ($0.09) per share and revenue of $11.85 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Companhia Siderúrgica Nacional Stock Up 1.0 %

Shares of SID opened at $1.53 on Thursday. Companhia Siderúrgica Nacional has a 52-week low of $1.27 and a 52-week high of $3.50. The company has a quick ratio of 0.93, a current ratio of 1.34 and a debt-to-equity ratio of 2.77. The stock has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $1.87. The company has a market capitalization of $2.02 billion, a PE ratio of -10.17 and a beta of 2.14.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Companhia Siderúrgica Nacional from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th.

Companhia Siderúrgica Nacional Company Profile

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products.