Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Crosses Below Fifty Day Moving Average of $1.29

Shares of Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.29 and traded as low as $1.11. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.12, with a volume of 17,897 shares traded.

Usinas Siderúrgicas de Minas Gerais Price Performance

The company has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last released its quarterly earnings results on Friday, July 26th. The basic materials company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The company had revenue of $1.22 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 4.61% and a return on equity of 4.82%. Analysts expect that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.07 earnings per share for the current year.

About Usinas Siderúrgicas de Minas Gerais

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.