Companhia Siderúrgica Nacional (SID) Projected to Post Earnings on Wednesday

Companhia Siderúrgica Nacional (NYSE:SID) is expected to be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect Companhia Siderúrgica Nacional to post earnings of ($0.09) per share and revenue of $11.85 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Companhia Siderúrgica Nacional Price Performance

Companhia Siderúrgica Nacional stock opened at $1.50 on Tuesday. Companhia Siderúrgica Nacional has a 1 year low of $1.27 and a 1 year high of $3.29. The firm has a 50 day moving average price of $1.48 and a 200 day moving average price of $1.84. The company has a market cap of $1.98 billion, a price-to-earnings ratio of -9.97 and a beta of 2.16. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.93 and a current ratio of 1.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of 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.