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Companhia Siderúrgica Nacional (NYSE:SID - Get Rating) has been given an average rating of "Hold" by the six analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.

A number of research analysts have weighed in on SID shares. Bank of America downgraded Companhia Siderúrgica Nacional from a "neutral" rating to an "underperform" rating in a research note on Friday, August 26th. Bradesco Corretora lowered Companhia Siderúrgica Nacional from an "outperform" rating to a "neutral" rating in a report on Wednesday, September 21st. Finally, StockNews.com lowered Companhia Siderúrgica Nacional from a "buy" rating to a "hold" rating in a report on Saturday, November 26th.Institutional Trading of Companhia Siderúrgica Nacional

Several institutional investors have recently added to or reduced their stakes in SID. Thrivent Financial for Lutherans lifted its position in shares of Companhia Siderúrgica Nacional by 608.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 713,452 shares of the basic materials company's stock valued at $1,698,000 after acquiring an additional 612,790 shares during the period. BNP Paribas Arbitrage SA lifted its position in shares of Companhia Siderúrgica Nacional by 625.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 480,121 shares of the basic materials company's stock valued at $1,407,000 after acquiring an additional 413,946 shares during the period. Credit Suisse AG lifted its position in shares of Companhia Siderúrgica Nacional by 972.3% during the 2nd quarter. Credit Suisse AG now owns 412,464 shares of the basic materials company's stock valued at $1,208,000 after acquiring an additional 374,000 shares during the period. Pinebridge Investments L.P. bought a new stake in shares of Companhia Siderúrgica Nacional during the 1st quarter valued at $1,405,000. Finally, CoreCommodity Management LLC lifted its position in shares of Companhia Siderúrgica Nacional by 35.7% during the 2nd quarter. CoreCommodity Management LLC now owns 974,052 shares of the basic materials company's stock valued at $2,854,000 after acquiring an additional 256,007 shares during the period. 2.82% of the stock is currently owned by institutional investors. Companhia Siderúrgica Nacional Stock Up 1.1 %

SID stock opened at $2.85 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.45 and a debt-to-equity ratio of 1.35. The business has a 50 day moving average price of $2.63 and a two-hundred day moving average price of $2.97. The company has a market cap of $3.95 billion, a price-to-earnings ratio of 5.38, a P/E/G ratio of 1.57 and a beta of 1.78. Companhia Siderúrgica Nacional has a twelve month low of $2.20 and a twelve month high of $5.97. About Companhia Siderúrgica Nacional (Get Rating)

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates in five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries.See AlsoGet a free copy of the StockNews.com research report on Companhia Siderúrgica Nacional (SID)Intel is a Sleeping Giant Ready to Awaken Why CSL Ltd Stock Could Be Worth a LookMarketBeat: Week in Review 11/28 – 12/02Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?Institutions Are Buying Ambarella, Should You?

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