Short Interest in Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Decreases By 79.1%

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 84,300 shares, a drop of 79.1% from the November 30th total of 404,200 shares. Based on an average daily trading volume, of 468,200 shares, the short-interest ratio is currently 0.2 days.

Usinas Siderúrgicas de Minas Gerais Price Performance

OTCMKTS USNZY remained flat at $0.92 during trading hours on Thursday. The stock has a market cap of $505.14 million, a P/E ratio of 6.59, a P/E/G ratio of 13.21 and a beta of 1.80. The company has a quick ratio of 2.09, a current ratio of 3.72 and a debt-to-equity ratio of 0.27. Usinas Siderúrgicas de Minas Gerais has a 52-week low of $0.91 and a 52-week high of $2.23. The firm has a 50 day moving average price of $1.09 and a two-hundred day moving average price of $1.20.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last announced its quarterly earnings data on Friday, October 25th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $1.23 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 3.56% and a return on equity of 3.52%. As a group, research analysts anticipate that Usinas Siderúrgicas de Minas Gerais will post 0.05 EPS for the current fiscal year.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.