Companhia Siderurgica Nacional (SID) Rating Increased to Neutral at JPMorgan Chase & Co.

Companhia Siderurgica Nacional (NYSE:SID) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report issued on Wednesday.

Several other analysts have also issued reports on the company. UBS Group upgraded Companhia Siderurgica Nacional from a “sell” rating to a “neutral” rating in a report on Thursday, January 11th. Morgan Stanley upgraded Companhia Siderurgica Nacional from an “underweight” rating to an “equal weight” rating in a report on Wednesday, January 10th. Five research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold”.

Shares of Companhia Siderurgica Nacional (NYSE:SID) traded down $0.07 during trading hours on Wednesday, hitting $3.24. The company had a trading volume of 5,468,100 shares, compared to its average volume of 4,785,290. The company has a current ratio of 1.48, a quick ratio of 0.94 and a debt-to-equity ratio of 3.14. Companhia Siderurgica Nacional has a twelve month low of $1.76 and a twelve month high of $4.24. The stock has a market capitalization of $4,510.00, a price-to-earnings ratio of -54.00 and a beta of 2.15.

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Companhia Siderurgica Nacional Company Profile

Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy.

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