Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 84,300 shares, a decrease of 79.1% from the November 30th total of 404,200 shares. Based on an average daily trading volume, of 468,200 shares, the days-to-cover ratio is currently 0.2 days.

Usinas Siderúrgicas de Minas Gerais Stock Up 3.4 %

USNZY stock opened at $0.94 on Friday. The business’s fifty day moving average price is $1.08 and its two-hundred day moving average price is $1.20. The stock has a market capitalization of $515.22 million, a price-to-earnings ratio of 6.72, a PEG ratio of 13.21 and a beta of 1.80. Usinas Siderúrgicas de Minas Gerais has a fifty-two week low of $0.84 and a fifty-two week high of $2.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.09.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last issued its quarterly earnings data on Friday, October 25th. The basic materials company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. Usinas Siderúrgicas de Minas Gerais had a net margin of 3.56% and a return on equity of 3.52%. The business had revenue of $1.23 billion during the quarter. On average, equities analysts anticipate that Usinas Siderúrgicas de Minas Gerais will post 0.05 earnings per share for the current year.

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.