Companhia Siderurgica Nacional ADR (SID) Stock: Navigating Market Highs and Lows in 52 Weeks

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Companhia Siderurgica Nacional ADR’s current trading price is -24.81% away from its 52-week high, while its distance from the 52-week low is 50.50%. The stock’s price range during this period has varied between $2.01 and $4.03. The company, active in the Basic Materials sector, saw a trading volume of around 3.3 million for the day, considerably higher average daily volume of 2.67 million observed over the last three months.

Companhia Siderurgica Nacional ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $4.03 on 12/27/23, and the lowest price during the same period was recorded at $2.01 on 10/20/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

How Financial Performance Impacts Market Capitalization

Companhia Siderurgica Nacional ADR (SID) has experienced a quarterly decline of -22.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.02B.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.41, with a change in price of +0.46. Similarly, Companhia Siderurgica Nacional ADR recorded 2,553,147 in trading volume during the last 100 days, posting a change of +17.90%.

How SID’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SID stands at 2.61. Similarly, the long-term debt-to-equity ratio is also 2.16.

SID Stock Stochastic Average

As of today, the raw stochastic average of Companhia Siderurgica Nacional ADR over the past 50 days is 7.43%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 15.29%. Additionally, the Stochastic %K and %D values for the company were 16.76% and 22.89%, respectively, over the past 20 days.

SID Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -22.90%.However, over the last six months, we can see a weaker performance of 35.71%. Over the last 30 days, the price of SID has leaped by -9.55%. And in the last five days, it has fallen by -1.62%.

On Key

Related Posts