Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Hits New 52-Week Low at $1.47

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZYGet Rating)’s stock price hit a new 52-week low on Friday . The company traded as low as $1.47 and last traded at $1.50, with a volume of 27198 shares trading hands. The stock had previously closed at $1.54.

Usinas Siderúrgicas de Minas Gerais Stock Down 2.6 %

The business has a 50-day simple moving average of $1.71 and a two-hundred day simple moving average of $2.15. The stock has a market capitalization of $821.73 million, a P/E ratio of 1.67, a PEG ratio of 0.16 and a beta of 1.39. The company has a quick ratio of 2.28, a current ratio of 3.69 and a debt-to-equity ratio of 0.26.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZYGet Rating) last announced its earnings results on Friday, July 29th. The basic materials company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.50 billion. Usinas Siderúrgicas de Minas Gerais had a return on equity of 25.85% and a net margin of 19.08%. Equities research analysts forecast that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.59 earnings per share for the current fiscal year.

About Usinas Siderúrgicas de Minas Gerais

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Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through four segments: Mining and Logistics, Steel Metallurgy, Steel Transformation, and Capital Assets. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; develops steel product solutions; and operates as a distribution center and trading company.

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