Shares of Companhia Siderurgica Nacional S.A. (NYSE:SID) traded today at $9.82, eclipsing its 52-week high. So far today approximately 2.1 million shares have been exchanged, as compared to an average 30-day volume of 4.3 million shares.
Companhia Siderurgica Nacional S.A. (NYSE:SID) defies analysts with a current price ($9.77) 6.7% above its average consensus price target of $9.12.
In the past 52 weeks, Companhia Siderurgica Nacional S.A. share prices are bracketed by a low of $1.19 and a high of $9.82 and is now at $9.77, 724% above that low price.
Companhia Siderurgica Nacional is an integrated steel producer. The company operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. The product includes iron ore, limestone, dolomite and tin mines, flat steel, and port terminal. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.
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