The stock of Brazilian steel producer Companhia Siderurgica Nacional (SID, Financial) recently experienced a sharp decline of 5.19%, trading at $1.46 per share. The trading volume reached 1.903 million shares, with a turnover rate of 0.14% and a price fluctuation of 3.90%.
Financial reports indicate the company generated $1.996 billion in revenue, but faced a net loss of $152 million, resulting in an earnings per share of -$0.11. The gross profit stood at $484 million, with a price-to-earnings ratio of -7.66.
In terms of analyst ratings, 80% of the ten participating institutions recommend holding the stock, while 20% suggest selling. No institutions recommend buying.
Within the steel industry, which saw an overall decline of 0.53%, some related stocks like U.S. Steel and Ternium showed notable gains, while others like General Stainless & Alloy Products were more active with higher turnover rates.
