Companhia Siderurgica Nacional Stock Hits New 52-Week Low (SID)

NEW YORK ( TheStreet) -- Companhia Siderurgica Nacional (NYSE: SID) hit a new 52-week low Friday as it is currently trading at $5.73, below its previous 52-week low of $5.76 with 280,753 shares traded as of 9:45 a.m. ET. Average volume has been five million shares over the past 30 days.

Companhia Siderurgica Nacional has a market cap of $8.88 billion and is part of the basic materials sector and metals & mining industry. Shares are down 29.2% year to date as of the close of trading on Thursday.

Companhia Siderurgica Nacional primarily operates as an integrated steel producer in Brazil and Latin America. The company principally produces carbon steel and various steel products. The company has a P/E ratio of 5.9, above the average metals & mining industry P/E ratio of 4.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full Companhia Siderurgica Nacional Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

The Winners and Losers in Thursday's Market

The Winners and Losers in Thursday's Market

Stocks Tumble as Dow Heads for Eighth Straight Drop

Stocks Tumble as Dow Heads for Eighth Straight Drop

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers