Companhia Siderúrgica Nacional (NYSE:SID – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $1.33, but opened at $1.30. Companhia Siderúrgica Nacional shares last traded at $1.31, with a volume of 187,309 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com lowered Companhia Siderúrgica Nacional from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th.
View Our Latest Analysis on SID
Companhia Siderúrgica Nacional Stock Performance
Companhia Siderúrgica Nacional Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were given a dividend of $0.0952 per share. The ex-dividend date was Friday, November 29th. Companhia Siderúrgica Nacional’s dividend payout ratio is presently -146.66%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Inspire Investing LLC purchased a new position in shares of Companhia Siderúrgica Nacional in the second quarter worth $27,000. Sivia Capital Partners LLC purchased a new position in shares of Companhia Siderúrgica Nacional in the third quarter worth $30,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Companhia Siderúrgica Nacional during the second quarter valued at $28,000. PDS Planning Inc purchased a new stake in Companhia Siderúrgica Nacional during the third quarter valued at $32,000. Finally, Savvy Advisors Inc. purchased a new stake in Companhia Siderúrgica Nacional during the third quarter valued at $55,000.
About Companhia Siderúrgica Nacional
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.
Recommended Stories
- Five stocks we like better than Companhia Siderúrgica Nacional
- Golden Cross Stocks: Pattern, Examples and Charts
- 3 Cheap Small-Cap Banks for Dividend Growth Investors
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 3 Defensive Stocks Analysts Are Bullish on to Kick Off the Year
- What Does Downgrade Mean in Investing?
- Vistra Corp: Could 2025 Continue Its Streak of Outperformance?
Receive News & Ratings for Companhia Siderúrgica Nacional Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Siderúrgica Nacional and related companies with MarketBeat.com's FREE daily email newsletter.