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

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.09. The company has a market capitalization of $487.83 million, a price-to-earnings ratio of 6.36, a PEG ratio of 13.21 and a beta of 1.80. The stock has a 50-day moving average price of $1.06 and a 200-day moving average price of $1.18.

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