Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Stock Price Down 13% – Time to Sell?

Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY)’s share price fell 13% on Monday . The stock traded as low as $1.34 and last traded at $1.34. Approximately 4,052 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 144,040 shares. The stock had previously closed at $1.54.

Usinas Siderurgicas de Minas Gerais Stock Down 8.7%

The company has a market cap of $750.51 million, a price-to-earnings ratio of -4.03, a PEG ratio of 0.13 and a beta of 1.47. The company has a current ratio of 4.44, a quick ratio of 2.87 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average of $1.47 and a two-hundred day moving average of $1.55.

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.02 by $0.04. Usinas Siderurgicas de Minas Gerais had a positive return on equity of 5.49% and a negative net margin of 8.87%.The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.20 billion. As a group, equities analysts anticipate that Usinas Siderurgicas de Minas Gerais SA will post 0.28 EPS for the current fiscal year.

Usinas Siderurgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA (Usiminas) is a Brazilian steel producer focused primarily on flat steel products. Its portfolio includes hot- and cold-rolled steel, galvanized steel, and other specialized products used in industries such as automotive manufacturing, construction, energy, machinery, and consumer goods.

The company operates an integrated steelmaking business that includes the production, processing, and distribution of steel. Through affiliated operations, Usiminas is also involved in iron ore mining and related logistics, supporting the supply of raw materials for its steel facilities.