National Steel Company (SID) : During the past 4 weeks, traders have been relatively bearish on National Steel Company (SID), hence the stock is down -20.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.68% relative to the S&P 500. The 4-week change in the price of the stock is -21.87% and the stock has fallen -6.18% in the past 1 week.
The stock has recorded a 20-day Moving Average of 11.49% and the 50-Day Moving Average is 19.84%.The 200 Day SMA reached 13.17% Companhia Siderurgica Nacional is up 13.02% in the last 3-month period. Year-to-Date the stock performance stands at 147.96%.
The shares have received a consensus rating of Sell for the current week National Steel Company (NYSE:SID): stock was range-bound between the intraday low of $2.34 and the intraday high of $2.45 after having opened at $2.37 on Fridays session. The stock finally closed in the red at $2.37, a loss of -1.22%. The stock remained in the red for the whole trading day. The total traded volume was 1,283,105 shares. The stock failed to cross $2.45 in Fridays trading. The stocks closing price on Thursday was $2.43.
Companhia Siderurgica Nacional (CSN) is a Brazil-based company primarily engaged in the steel industry. The Company divides its business into five segments: Steel sector, which is involved in the production, distribution and marketing of flat steel, galvanized steel and metal packaging; Mining sector, which is active in the production of iron ore; Cement sector, which is involved in the manufacture of cement, as well as in the exploration of limestone and dolomite; Logistics sector, which consists of around two railway companies and a hub port, and Energy sector, which includes investments in energy generation projects to guarantee the Companys self-sufficiency. The Company operates through subsidiaries, such as Companhia Metalurgica Prada, Sepetiba Tecon SA, Florestal Nacional SA, CSN Energia SA, Transnordestina Logistica SA, Estanho de Rondonia SA and CSN Cimentos SA, among others.