Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Shares Pass Below 50 Day Moving Average of $1.98

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.98 and traded as low as $1.52. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.57, with a volume of 128,713 shares traded.

Usinas Siderúrgicas de Minas Gerais Stock Up 1.0 %

The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89. The business’s 50-day moving average is $1.98 and its two-hundred day moving average is $1.75.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last announced its quarterly earnings data on Friday, February 9th. The basic materials company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.15. The company had revenue of $1.37 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a return on equity of 8.74% and a net margin of 7.65%. On average, research analysts anticipate that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.25 earnings per share for the current year.

Usinas Siderúrgicas de Minas Gerais Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, April 29th will be paid a $0.0498 dividend. The ex-dividend date is Friday, April 26th. Usinas Siderúrgicas de Minas Gerais’s dividend payout ratio is presently 12.77%.

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.