Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Share Price Crosses Below 50-Day Moving Average of $1.25

Shares of Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.25 and traded as low as $1.13. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.13, with a volume of 7,900 shares.

Usinas Siderúrgicas de Minas Gerais Price Performance

The business has a 50 day moving average of $1.24 and a 200 day moving average of $1.54. The company has a market cap of $619.04 million, a PE ratio of 2.40, a price-to-earnings-growth ratio of 11.01 and a beta of 1.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89.

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