Shares of Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY – Get Free Report) traded down 13% during trading on Monday . The stock traded as low as $1.34 and last traded at $1.34. Approximately 4,052 shares traded hands during trading, a decline of 97% from the average session volume of 144,040 shares. The stock had previously closed at $1.54.
Usinas Siderurgicas de Minas Gerais Price Performance
The stock’s 50-day simple moving average is $1.47 and its 200 day simple moving average is $1.55. The company has a quick ratio of 2.87, a current ratio of 4.44 and a debt-to-equity ratio of 0.26. The company has a market cap of $750.51 million, a price-to-earnings ratio of -4.03, a PEG ratio of 0.13 and a beta of 1.47.
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Usinas Siderurgicas de Minas Gerais had a negative net margin of 8.87% and a positive return on equity of 5.49%. On average, equities research analysts anticipate that Usinas Siderurgicas de Minas Gerais SA will post 0.28 EPS for the current fiscal year.
Usinas Siderurgicas de Minas Gerais Company Profile
Usinas Siderúrgicas de Minas Gerais SA (Usiminas) is a Brazilian steel producer focused primarily on flat steel products. Its portfolio includes hot- and cold-rolled steel, galvanized steel, and other specialized products used in industries such as automotive manufacturing, construction, energy, machinery, and consumer goods.
The company operates an integrated steelmaking business that includes the production, processing, and distribution of steel. Through affiliated operations, Usiminas is also involved in iron ore mining and related logistics, supporting the supply of raw materials for its steel facilities.
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