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

Caprock Group LLC acquired a new position in shares of Companhia Siderúrgica Nacional (NYSE:SID) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 23,825 shares of the basic materials company’s stock, valued at approximately $57,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC increased its position in shares of Companhia Siderúrgica Nacional by 51.7% during the second quarter. Renaissance Technologies LLC now owns 1,928,396 shares of the basic materials company’s stock worth $4,435,000 after purchasing an additional 656,983 shares in the last quarter. American Century Companies Inc. raised its stake in Companhia Siderúrgica Nacional by 14.7% in the second quarter. American Century Companies Inc. now owns 1,846,867 shares of the basic materials company’s stock valued at $4,248,000 after buying an additional 236,340 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Companhia Siderúrgica Nacional by 17.3% in the second quarter. Van ECK Associates Corp now owns 1,841,944 shares of the basic materials company’s stock worth $4,236,000 after acquiring an additional 271,176 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Companhia Siderúrgica Nacional during the first quarter worth about $311,000. Finally, AQR Capital Management LLC increased its holdings in shares of Companhia Siderúrgica Nacional by 19.9% during the second quarter. AQR Capital Management LLC now owns 96,126 shares of the basic materials company’s stock valued at $221,000 after acquiring an additional 15,942 shares in the last quarter.

Wall Street Analysts Forecast Growth

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

Companhia Siderúrgica Nacional Stock Up 2.0 %

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

Companhia Siderúrgica Nacional Company 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.