Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $1.43, but opened at $1.33. Usinas Siderurgicas de Minas Gerais shares last traded at $1.35, with a volume of 2,186 shares.
Usinas Siderurgicas de Minas Gerais Stock Down 6.5%
The company has a debt-to-equity ratio of 0.26, a current ratio of 4.44 and a quick ratio of 2.87. The business’s fifty day moving average price is $1.44 and its two-hundred day moving average price is $1.55. The stock has a market capitalization of $732.43 million, a PE ratio of -3.93, a price-to-earnings-growth ratio of 0.13 and a beta of 1.47.
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) last issued its earnings results on Thursday, July 30th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. Usinas Siderurgicas de Minas Gerais had a positive return on equity of 5.49% and a negative net margin of 8.87%.The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. On average, equities research analysts forecast that Usinas Siderurgicas de Minas Gerais SA will post 0.28 EPS for the current fiscal year.
Usinas Siderurgicas de Minas Gerais Company Profile
Usinas Siderúrgicas de Minas Gerais SA (Usiminas) is a Brazilian steel producer focused primarily on flat steel products. Its portfolio includes hot- and cold-rolled steel, galvanized steel, and other specialized products used in industries such as automotive manufacturing, construction, energy, machinery, and consumer goods.
The company operates an integrated steelmaking business that includes the production, processing, and distribution of steel. Through affiliated operations, Usiminas is also involved in iron ore mining and related logistics, supporting the supply of raw materials for its steel facilities.
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