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National Steel (NYSE:SID) Hits New 1-Year Low – Here’s Why
['Kim Johansen']
Markets Daily
National Steel Company (NYSE:SID – Get Free Report) reached a new 52-week low during trading on Monday .
Get National Steel alerts:Get Our Latest Analysis on National SteelNational Steel Stock PerformanceThe firm has a fifty day simple moving average of $1.08 and a 200-day simple moving average of $1.34.
Analysts forecast that National Steel Company will post 0.11 EPS for the current fiscal year.
Hedge Funds Weigh In On National SteelAn institutional investor recently raised its position in National Steel stock.
National Steel Company Profile(Get Free Report)Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America.