Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Crosses Below Fifty Day Moving Average of $1.29

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.29 and traded as low as $1.11. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.12, with a volume of 17,897 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Stock Down 2.7 %

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.89 and a current ratio of 3.25. The business has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.58.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last posted its earnings results on Friday, July 26th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The business had revenue of $1.22 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 4.61% and a return on equity of 4.82%. On average, equities research analysts predict that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.07 earnings per share for the current fiscal year.

About Usinas Siderúrgicas de Minas Gerais

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.