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.
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%.
