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

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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.

Usinas Siderúrgicas de Minas Gerais Price Performance

The firm has a market cap of $613.56 million, a PE ratio of 2.38, a price-to-earnings-growth ratio of 10.46 and a beta of 1.87. The stock’s fifty day moving average price is $1.29 and its 200-day moving average price is $1.59. 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 released 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). 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 for the quarter. As a group, equities analysts expect that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.07 EPS 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.