Companhia Siderúrgica Nacional (NYSE:SID) Shares Gap Down

Companhia Siderúrgica Nacional ( NYSE:SID – Get Free Report ) shares gapped down prior to trading on Friday . The stock had previously closed at $1.42, but opened at $1.

38. Companhia Siderúrgica Nacional shares last traded at $1.37, with a volume of 284,802 shares.

Wall Street Analyst Weigh In Separately, StockNews.com downgraded Companhia Siderúrgica Nacional from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Get Our Latest Research Report on Companhia Siderúrgica Nacional Companhia Siderúrgica Nacional Trading Down 2.

8 % Companhia Siderúrgica Nacional Cuts Dividend The firm also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were given a dividend of $0.0952 per share.

The ex-dividend date was Friday, November 29th. Companhia Siderúrgica Nacional’s dividend payout ratio (DPR) is -146.67%.

Institutional Inflows and Outflows Hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC raised its holdings in shares of Companhia Siderúrgica Nacional by 51.7% during the 2nd quarter.

Renaissance Technologies LLC now owns 1,928,396 shares of the basic materials company’s stock valued at $4,435,000 after buying an additional 656,983 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Companhia Siderúrgica Nacional during the third quarter valued at approximately $3,824,000. American Century Companies Inc.

lifted its position in shares of Companhia Siderúrgica Nacional by 14.7% during the second quarter. American Century Companies Inc.

now owns 1,846,867 shares of the basic materials company’s stock worth $4,248,000 after purchasing an additional 236,340 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Companhia Siderúrgica Nacional by 11.8% in the third quarter.

BNP Paribas Financial Markets now owns 617,047 shares of the basic materials company’s stock valued at $1,475,000 after purchasing an additional 65,219 shares during the period. Finally, Point72 Asset Management L.P.

acquired a new stake in Companhia Siderúrgica Nacional during the 2nd quarter valued at $153,000. Companhia Siderúrgica Nacional Company Profile ( Get Free Report ) Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement.

The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products. Featured Articles Receive News & Ratings for Companhia Siderúrgica Nacional Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Siderúrgica Nacional and related companies with MarketBeat.com's FREE daily email newsletter .

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