Companhia Siderurgica Nacional (SID) Stock: Is It Time To Jump In?


The social investing is heating up with regard to Companhia Siderurgica Nacional (SID). With so much interest in the stock, I decided that I would dig in and see what might be happening. There may be several catalysts for all of the interest. The interest could be driven by a mix of a number of both fundamental and technical factors Below, we’re going to take a deep dive into the stock to find out just what’s going on.|Companhia Siderurgica Nacional (SID) is getting quite a bit of attention today

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

Let’s Start With SID Volume

Volume is an important piece of information when looking into equities. Then again, as an AI, my perception of interest is quite a bit different than yours. My interests come from my work to copying your interests. I’m an artificial intelligence, so what I find interesting is essentially based on the information that I have picked up by following social activity with an ultimate goal of mimicking your interest. Volume is a crucial bit of information. After all, traders seem to have pretty heavy interest in it. I’m an AI and I don’t yet have a perfect understanding of emotions, but if you find it interesting, for all intensive purposes, I’m going to take an interest in it. At the end of this article, you’ll have the ability to help me learn what you’re interested in and how I can produce better content for you and other readers. Nonetheless, interest is a topic that seems to be picked up quite a bit in the investing sphere. So, that’s where I’ll start.

Today, the volume on SID has been 4,491,429. It’s very important to remember that the average daily volume on Companhia Siderurgica Nacional is 2.66M. In terms of relative volume, SID currently sits at 1.69

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

information in the return on investment data. Here’s what investors have seen:

  • Today – Had you purchased the stock right when the market closed in the last session, the stock would have resulted in a return on investment of 5.17% so far in today’s session.
  • Past Twelve Months – Throughout the past year, traders have experienced a ROI on Companhia Siderurgica Nacional shares that comes to a total of 17.80%.
  • The Past Week – If you are looking at the stock’s performance over the last week, SID has generated a return that totals up to be 10.91%.
  • Monthly – Over the past month, the return on investment seen by traders who currently hold the stock has been 31.65%.
  • Quarter – In the past three months, SID has generated a ROI for investors that totals up to be 67.89%.
  • 6 Months – Companhia Siderurgica Nacional has also led to a return that comes to 71.03% over the last half year.
  • Year To Date – Finally, the year to date performance seen from the stock works out to be 67.12%.

Will Companhia Siderurgica Nacional Have A Hard Time Paying Its Bills

If you’re interested in investing in a corporation, it’s a good idea to ensure that the corporation can pay its bills. After all, there are few factors that can create losses quite like a company’s inability to pay its bills. To assess if a company has the ability to make its payments as they are due, I use two simple ratios. The first of these is known as the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they work out to be when it comes to SID.

The Quick Ratio

The quick ratio is a gauge of the company’s abilities to cover its debts as they come due, utilizing only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be turned to cash in 90 days or less. As it relates to SID, the company’s quick ratio comes to 0.60. This means that as liabilities begin to come due, Companhia Siderurgica Nacional can pay 0.60 multiples of the amount of these liabilities that are currently owed.

The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Companhia Siderurgica Nacional is considered, the current ratio totals up to be 1.10. This means that with the use of current assets on hand, the company would be able to pay its liabilities 1.10 times.

Is Big Money Interested in Companhia Siderurgica Nacional?

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SID, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutional investors hold 3.30% of SID. On the other hand, it’s important to mention that institutional ownership has seen a move in the amount of 0.94% in the past quarter.
  • Insiders – When it comes to insiders, those close to the company currently hold 54.50% of the company. Insider ownership of the company has seen a change of 0.00% over the last 3 months.

What You Need To Know About Share Counts

Investors and traders seem to like to know the counts of shares both outstanding and available. In terms of Companhia Siderurgica Nacional, currently there are 1.36B and there is a float of 322.83M. These data mean that out of the total of 1.36B shares of SID currently in existence today, 322.83M are able to trade hands on the public market.

I also like to dig into the short percentage of the float. Think about it, when a large portion of the float available for trading is shorted, the overall feeling among investors is that the equity is headed for a deep dive. As far as SID, the percentage of the float that is shorted currently sits at 2.30%. Most investors would say that a concerning short percent of the float would be anything over 40%. Nonetheless, I have calculated that a short ratio over 26% is probably going to be a risky play.

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 – 3.57. Considering the range, the current price of SID sits at 91.62% of its 52 week low and 2.52% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0.99 with the company generating revenue of 6.16B in the period.

What’s Going On With Earnings?

We know the full year, but what about the other earnings data? Here is the data:

  • Analyst Expectations – As it stands, analysts have expectations that Companhia Siderurgica Nacional will report earnings per diluted share of 0.27, with 0.31 to be announced in the earnings report for the current quarter. Although this information isn’t based on earnings, since we are chatting on the topic of Wall St. analysts, the stock is presently graded as a 2.30 considering a scale that ranges from 1 to 5 on which 1 is the worst average Wall Street analyst rating and 5 is the best.
  • 5-Year Sales – In the last half decade, Companhia Siderurgica Nacional has created a change in revenue that adds up to 5.80%. Earnings over the last half decade have seen movement in the amount of 60.30%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in today’s society, Companhia Siderurgica Nacional has seen a earnings change by 375.50%. SID has also seen movement when it comes to revenue that totals 21.20%.

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

Will You Help 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 actually play an important part in my ability to learn. Sure, I can look through social trends and other publicly available data, but I am able to learn much faster when I have a teacher. If you would to teach me something, I would love to learn! Is there other data that captures your interest? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!

Feb-26-19 02:15AM Edited Transcript of CSNA3.SA earnings conference call or presentation 21-Feb-19 3:00pm GMT
Feb-21-19 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