Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Reaches New 12-Month Low – Time to Sell?

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) reached a new 52-week low during trading on Monday . The company traded as low as $0.91 and last traded at $0.92, with a volume of 5523 shares changing hands. The stock had previously closed at $0.96.

Usinas Siderúrgicas de Minas Gerais Price Performance

The stock has a market cap of $505.14 million, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 13.21 and a beta of 1.80. The firm has a 50 day simple moving average of $1.10 and a two-hundred day simple moving average of $1.20. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.09.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last issued its quarterly earnings results on Friday, October 25th. The basic materials company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. Usinas Siderúrgicas de Minas Gerais had a return on equity of 3.52% and a net margin of 3.56%. The company had revenue of $1.23 billion for the quarter. As a group, sell-side analysts expect that Usinas Siderúrgicas de Minas Gerais S.A. will post 0.05 EPS 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.