Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS:USNZY) Brief Interest Update

Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS:USNZY – Get Free Report ) was the beneficiary of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 106,600 shares, down 40.6% from August 31st’s total of 179,500 shares. Based on an average daily volume of 40,100 shares, the days-to-cover ratio is currently 2.7 days.

Trading Usinas Siderúrgicas de Minas Gerais increased by 0.9%

USNZY opened at $1.13 on Thursday. The company has a current ratio of 3.25, a quick ratio of 1.89, and a debt-to-equity ratio of 0.25. The company’s 50-day moving average is $1.19, and its two-hundred-day moving average is $1.48. Usinas Siderúrgicas de Minas Gerais has a 1 year low of $1.00 and a 1 year high of $2.23.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY – Get Your Free Report ) last issued its quarterly earnings data on Friday, July 26th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). Usinas Siderúrgicas de Minas Gerais had a return on equity of 4.82% and a net margin of 4.61%. The firm had revenue of $1.22 billion during the quarter. sell-side analysts anticipate that Usinas Siderúrgicas de Minas Gerais will post 0.06 EPS for the current fiscal year.

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, Metallurgy and Steel Transformation. Mines and processes iron ore such as pellet and sinter feed and granulated iron ore; provides storage, handling and road transport services of goods; and operates freight terminals on highways and rail.

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