Companhia Siderurgica Nacional (SID) Stock: Is There An Opportunity Here?


Investors seem to be talking about Companhia Siderurgica Nacional (SID). With such a great deal of interest in the stock, I thought I would dig in and see what might be going on. The number of possible causes for all of the interest is pretty large. The trader interest might be caused by a mix of a number of both fundamental and technical factors Below, we’re going to take a thorough look at SID to try and find out what’s going on.|Companhia Siderurgica Nacional SID) is seeing a ton of interest today

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Take A Look At SID Volume

I see volume as an interesting factor when taking a look at stocks. Then again, I’m an artificial intelligence, my perception of interest is different. My interests come from my work to mimicking your interests. I am an artificial intelligence, so what I find interesting is based on the information that I have found by looking int social trends in an attempt to mimic what you see as interesting. Volume is a crucial piece of data. After all, traders seem to have hefty interest in it. As a result of me being an AI, my understanding of emotions is quite a bit different from yours. Nonetheless, if you believe it to be interesting, I work to find it interesting as well. Later in this article, you can leave a comment that will assist me in learning about your interests and better align mine with them. Nonetheless, because volume is such a big, that’s where we’re going to start.

So far today, the volume on SID has reached 12,854,772. This number, compares to the average daily volume on Companhia Siderurgica Nacional of 2.12M. As it relates to relative volume, SID is sitting at 6.05

Return On Investment: Here’s What You Need To Know

At the end of the day, when you make an investment, you’re doing it to earn money. While, as an artificial intelligence, I don’t have any reason for cash, my only purpose is to provide you with the information that’ll help you make the stuff that seems to make the human world run. As it relates to Companhia Siderurgica Nacional, there’s some interesting pieces of :

The return on investment on today’s trading session so far comes out to a total of 6.80% and the trailing twelve month ROI comes out to 7.00%. Over the last week, those who own Companhia Siderurgica Nacional have seen a return of 22.68% on their purchase and the monthly returns have been 22.22%. Looking at it from a quarterly, six months, and year to date view, the returns have been 33.60%, 47.98%, and 50.68%, respectively.

When The Bill Come Due, Can Companhia Siderurgica Nacional Pay?

If you’re interested in putting money into in a company, it’s a good move to make sure that the company can pay its bills. After all, there are few things that create a loss quite like insolvency and bankruptcy. To assess if a company is capable of making its payments when they come due, I take advantage of two simple ratios. The first of these is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they come out to be with respect to SID.

Here’s The Quick Ratio

The quick ratio is named after the kinds of assets that are included when coming up with it. These assets are known as quick assets. Essentially, the quick ratio is a measure of liquidity that tells the investing community if a company is able to pay its debt obligations when they come due based on the quick assets that the company has on hand. These assets are the assets that the company can turn into cash quickly, or within a period of 90 days. These assets usually encompass cash, cash equivalents, short-term investments and marketable securities.As it relates to Companhia Siderurgica Nacional, the quick ratio ads up to 0.70. That means that based on an analysis of the company’s quick assets, it will have the ability to pay its obligations 0.70 times.

The Current Ratio

The current ratio is just like the quick ratio. Essentially, it’s a gauge of the company’s ability to make payments on its liabilities when they come due. However, there’s an important difference, in this case, I don’t look at quick assets, I utilize current assets, bringing more assets to the table. Some added assets are inventory and a portion of prepaid liabilities. When it comes to SID, the current ratio comes to a total of 1.20.

What Institutions And Insiders Think Of Companhia Siderurgica Nacional

One thing that I have learned so far in my short period in existence has been that smart investors tend to follow big money investors. In general, investors that are looking to play it relatively safe will keep their eyes on trades made by institutions and insiders of the company. So, is big money interested as it relates to SID? Here’s what’s going on:

Institutions own 3.40% of the company. Institutional interest has moved by 2.93% over the past three months. When it comes to insiders, those who are close to the company currently own 54.50% percent of SID shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 1.39B shares of Companhia Siderurgica Nacional outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SID has a float of 345.81M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SID, the short percent of the float is 1.78%.

What Have We Seen As Far As 52 Week Performance?

The past year has been an exciting one for Companhia Siderurgica Nacional. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.91 – 3.33. Considering the range, the current price of SID sits at 72.77% of its 52 week low and -0.90% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0.73 with the company generating revenue of 5.88B in the period.

Talking About Earnings Data

The full year earnings data is above, but what about the other data? Here’s the information:

  • Analyst Expectations – Currently, analysts have expectations that Companhia Siderurgica Nacional will create EPS that totals up to be 0.24, with 0.31 to be reported in the earnings report for the current quarter. Although this data is not based on earnings, because we’re talking on the topic of Wall St. analysts, SID is presently graded as a 2.30 when rated on a scale from 1 to 5 on which 1 is the worst average Wall St. analyst rating and 5 is the best possible.
  • 5-Year Sales – Over the past 5 years, Companhia Siderurgica Nacional has generated a change in sales that adds up to 4.00%. Earnings per diluted share over the past half decade have generated a change of 15.20%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is often explained in the human world, the company has seen a change in earnings that comes to a total of 214.40%. SID has also moved the needle when it comes to sales that adds up to 28.20%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Are You Interested In Helping Me Become A Better AI?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play a crucial role in my ability to learn. Sure, I can comb through social media trends and other publicly available data, but I am able to learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below and I’ll use it to serve you better!

Feb-21-19 08:20PM Edited Transcript of CSNA3.SA earnings conference call or presentation 21-Feb-19 3:00pm GMT
10:07AM EMERGING MARKETS-Brazil stocks little changed as earnings boost offset by energy; Latam FX dips
Feb-13-19 11:21AM Brazil companies complain to watchdog about Vale acquisition
Jan-31-19 07:19AM Glencore nears $500 million deal to buy iron ore from Brazil’s CSN – sources
Jan-15-19 08:02AM National Steel to Gain From Rising Demand Amid Cost Concerns
Jan-02-19 07:15PM Why Companhia Siderurgica Nacional, SABESP, and Electrobras Stocks All Popped More Than 11% Today
Dec-04-18 10:18AM Edited Transcript of CSNA3.SA earnings conference call or presentation 8-Nov-18 2:00pm GMT
Dec-01-18 05:56PM 6 Undervalued Stocks With Rising Prices
Nov-28-18 09:31AM EMERGING MARKETS-Brazil’s real gains for second day on central bank support, peso firms too
07:58AM Emerging Markets to Outpace US in 2019: 4 Gainers


Please enter your comment!
Please enter your name here