Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Passes Below 200-Day Moving Average – Time to Sell?

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.18 and traded as low as $0.91. Usinas Siderúrgicas de Minas Gerais shares last traded at $0.91, with a volume of 116,570 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Stock Down 1.5 %

The company’s 50 day simple moving average is $1.06 and its 200-day simple moving average is $1.18. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.09 and a current ratio of 3.72. The firm has a market capitalization of $499.23 million, a PE ratio of 6.51, a PEG ratio of 13.21 and a beta of 1.80.

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