Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.01 and traded as low as $0.92. Usinas Siderúrgicas de Minas Gerais shares last traded at $0.92, with a volume of 1,025 shares changing hands.

Usinas Siderúrgicas de Minas Gerais Stock Performance

The stock has a 50-day moving average price of $1.01 and a 200 day moving average price of $1.04. The firm has a market cap of $503.99 million, a PE ratio of -46.00, a P/E/G ratio of 6.54 and a beta of 1.51. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14.

Usinas Siderúrgicas de Minas Gerais Company Profile

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.