Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.18 and traded as low as $0.91. Usinas Siderúrgicas de Minas Gerais shares last traded at $0.91, with a volume of 116,570 shares.

Usinas Siderúrgicas de Minas Gerais Stock Down 1.5 %

The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.09 and a current ratio of 3.72. The stock’s 50 day moving average price is $1.06 and its 200-day moving average price is $1.18. The company has a market cap of $499.23 million, a PE ratio of 6.51, a PEG ratio of 13.21 and a beta of 1.80.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last posted its quarterly earnings results on Friday, October 25th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The business 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%. On average, analysts predict that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.05 earnings per share for the current 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.