24,159 Shares in Companhia Siderúrgica Nacional (NYSE:SID) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in shares of Companhia Siderúrgica Nacional (NYSE:SID) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 24,159 shares of the basic materials company’s stock, valued at approximately $35,000.

A number of other large investors have also bought and sold shares of the business. Savvy Advisors Inc. acquired a new position in Companhia Siderúrgica Nacional during the 3rd quarter worth $55,000. Caprock Group LLC acquired a new position in Companhia Siderúrgica Nacional during the 3rd quarter worth $57,000. Dynamic Technology Lab Private Ltd acquired a new position in Companhia Siderúrgica Nacional during the 3rd quarter worth $101,000. Blue Trust Inc. lifted its holdings in Companhia Siderúrgica Nacional by 2,305.2% during the 4th quarter. Blue Trust Inc. now owns 49,331 shares of the basic materials company’s stock worth $71,000 after buying an additional 47,280 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in Companhia Siderúrgica Nacional by 11.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 617,047 shares of the basic materials company’s stock worth $1,475,000 after buying an additional 65,219 shares in the last quarter.

Companhia Siderúrgica Nacional Stock Performance

SID stock opened at $1.48 on Wednesday. The business’s fifty day moving average is $1.48 and its 200-day moving average is $1.82. 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 company has a market cap of $1.96 billion, a P/E ratio of -9.83 and a beta of 2.16. Companhia Siderúrgica Nacional has a twelve month low of $1.27 and a twelve month high of $3.29.

Analyst Upgrades and Downgrades

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

About Companhia Siderúrgica Nacional

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.