Companhia Siderurgica Nacional (SID) Upgraded to Neutral at UBS Group

Companhia Siderurgica Nacional (NYSE:SID) was upgraded by research analysts at UBS Group from a “sell” rating to a “neutral” rating in a report released on Thursday, January 11th, The Fly reports.

Separately, Morgan Stanley raised shares of Companhia Siderurgica Nacional from an “underweight” rating to an “equal weight” rating in a report on Wednesday, January 10th. Five analysts have rated the stock with a hold rating, Companhia Siderurgica Nacional currently has a consensus rating of “Hold”.

Shares of Companhia Siderurgica Nacional (NYSE SID) traded up $0.12 during trading hours on Thursday, reaching $3.36. 7,779,200 shares of the company’s stock traded hands, compared to its average volume of 5,057,464. The company has a quick ratio of 0.94, a current ratio of 1.48 and a debt-to-equity ratio of 3.14. Companhia Siderurgica Nacional has a 1 year low of $1.76 and a 1 year high of $4.24.

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Companhia Siderurgica Nacional Company Profile

Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy.

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