Wall Street await Companhia Siderurgica Nacional (ADR) (NYSE:SID) to release earnings on March, 10. The stock decreased 10.85% or $0.23 on March 8, hitting $1.89. Companhia Siderurgica Nacional (ADR) (NYSE:SID) has risen 56.20% since August 3, 2015 and is uptrending. It has outperformed by 61.86% the S&P500.
Companhia Siderurgica Nacional is a Brazil firm primarily engaged in the steel industry. The company has a market cap of $2.90 billion. The Firm divides its business into five divisions: Steel sector, which is involved in the production, distribution and marketing of flat steel, galvanized steel and metal packaging; Mining sector, which is active in the production of iron ore; Cement sector, which is involved in the manufacture of cement, as well as in the exploration of limestone and dolomite; Logistics sector, which consists of around two railway companies and a hub port, and Energy sector, which includes investments in energy generation projects to guarantee the Company’s self-sufficiency. It currently has negative earnings.
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