Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Sets New 12-Month Low at $1.30

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY – Get Rating)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $1.30 and last traded at $1.35, with a volume of 17507 shares changing hands. The stock had previously closed at $1.39.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Citigroup assumed coverage on Usinas Siderúrgicas de Minas Gerais in a research report on Wednesday, February 1st. They issued a “neutral” rating for the company. Grupo Santander downgraded Usinas Siderúrgicas de Minas Gerais from an “outperform” rating to a “neutral” rating in a research report on Monday, November 28th. Finally, JPMorgan Chase & Co. downgraded Usinas Siderúrgicas de Minas Gerais from an “overweight” rating to a “neutral” rating in a research report on Monday, December 19th.

Usinas Siderúrgicas de Minas Gerais Stock Performance

The stock has a 50-day simple moving average of $1.51 and a 200-day simple moving average of $1.51. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.16 and a quick ratio of 2.14. The stock has a market cap of $739.56 million, a PE ratio of 1.88 and a beta of 1.37.

About Usinas Siderúrgicas de Minas Gerais

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Usinas Siderurgicas de Minas Gerais SA-Usiminas engages in the manufacture and sale of steel products. It offers steel solutions in the field of mining, and logistics, capital goods, service and distribution center and customized solutions for the industry. It operates through the following segments: Mining and Logistics; Steel Metallurgy; Steel Transformation; and Capital Assets.