Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.08 and traded as low as $1.00. Usinas Siderúrgicas de Minas Gerais shares last traded at $1.09, with a volume of 63,294 shares trading hands.

Usinas Siderúrgicas de Minas Gerais Stock Performance

The firm has a market capitalization of $597.12 million, a PE ratio of 7.79, a price-to-earnings-growth ratio of 6.73 and a beta of 1.80. The company has a current ratio of 3.72, a quick ratio of 2.14 and a debt-to-equity ratio of 0.27. The business’s 50 day simple moving average is $0.95 and its two-hundred day simple moving average is $1.08.

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.