Caprock Group LLC Takes $57,000 Position in Companhia Siderúrgica Nacional (NYSE:SID)

Caprock Group LLC purchased a new position in shares of Companhia Siderúrgica Nacional (NYSE:SID) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 23,825 shares of the basic materials company’s stock, valued at approximately $57,000.

A number of other large investors also recently bought and sold shares of SID. Inspire Investing LLC bought a new stake in shares of Companhia Siderúrgica Nacional during the second quarter worth $27,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Companhia Siderúrgica Nacional in the 2nd quarter valued at about $28,000. Sivia Capital Partners LLC bought a new position in Companhia Siderúrgica Nacional in the 3rd quarter worth about $30,000. PDS Planning Inc purchased a new position in shares of Companhia Siderúrgica Nacional during the third quarter worth approximately $32,000. Finally, Wealthstream Advisors Inc. bought a new stake in shares of Companhia Siderúrgica Nacional during the second quarter valued at approximately $36,000.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Companhia Siderúrgica Nacional from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 10th.

Companhia Siderúrgica Nacional Price Performance

NYSE:SID opened at $2.03 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 1.29 and a debt-to-equity ratio of 2.56. Companhia Siderúrgica Nacional has a 1-year low of $1.82 and a 1-year high of $4.03. The company has a 50-day moving average of $2.13 and a 200 day moving average of $2.24.

Companhia Siderúrgica Nacional Profile

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products.