Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $1.40, but opened at $1.2910. Usinas Siderurgicas de Minas Gerais shares last traded at $1.2910, with a volume of 500 shares.
Usinas Siderurgicas de Minas Gerais Stock Performance
The firm has a market capitalization of $725.86 million, a PE ratio of -3.90, a price-to-earnings-growth ratio of 0.13 and a beta of 1.44. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.87 and a current ratio of 4.44. The firm’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.58.
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Usinas Siderurgicas de Minas Gerais had a negative net margin of 8.87% and a positive return on equity of 5.49%. On average, research analysts expect that Usinas Siderurgicas de Minas Gerais SA will post 0.28 EPS for the current year.
About Usinas Siderurgicas de Minas Gerais
Usinas Siderúrgicas de Minas Gerais SA (Usiminas) is a Brazilian steelmaker focused on the production and sale of flat steel products. Its portfolio includes hot-rolled, cold-rolled, galvanized and heavy plate steel used in industries such as automotive manufacturing, construction, machinery, energy and industrial equipment.
Founded in 1956, Usiminas operates steelmaking facilities in Ipatinga, Minas Gerais, and Cubatão, São Paulo. The company also maintains activities related to iron ore mining, logistics, steel processing and the distribution of steel products, supporting its operations from raw materials through delivery to industrial customers.
Usiminas primarily serves the Brazilian market while also supplying customers in international markets.
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