Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Announces Earnings Results

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) posted its earnings results on Friday. The basic materials company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.06), Zacks reports. The firm had revenue of $1.22 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 4.61% and a return on equity of 4.82%.

Usinas Siderúrgicas de Minas Gerais Trading Down 20.4 %

USNZY stock opened at $1.17 on Monday. Usinas Siderúrgicas de Minas Gerais has a 52-week low of $1.10 and a 52-week high of $2.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89. The business has a fifty day moving average of $1.45 and a two-hundred day moving average of $1.72.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.