Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZYGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.02 and traded as high as $1.16. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.16, with a volume of 431 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Stock Performance

The stock has a market capitalization of $608.08 million, a P/E ratio of -55.50, a PEG ratio of 6.54 and a beta of 1.51. The company has a quick ratio of 2.14, a current ratio of 3.72 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average of $1.02 and a 200 day moving average of $1.05.

About Usinas Siderúrgicas de Minas Gerais

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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.

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