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Analysts Give $0.56 Consensus Price Target to Companhia Siderurgica Nacional

2015-10-09 21:08:03| Steel - Topix.net

Shares of Companhia Siderurgica Nacional have been assigned an average broker rating score of 4.50 from the two brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation and one has assigned a sell recommendation to the company.

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More Downside In Store For Companhia Siderurgica Nacional

2015-06-12 00:01:55| Steel - Topix.net

SID gets over 60% of its revenue from the Brazilian market, and this will weigh on the company's performance as the country is on the brink of a recession. Auto sales in Brazil have already dropped at an alarming rate this year, while flat-rolled steel inventory is building up due to low sales at the distributor level.

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Companhia Siderurgica Nacional Sees Significant Drop in Short Interest

2015-06-10 13:04:58| Steel - Topix.net

Companhia Siderurgica Nacional was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 36,937,355 shares, a decline of 9.9% from the April 30th total of 41,000,074 shares, Marketbeat reports. Based on an average daily volume of 3,356,160 shares, the days-to-cover ratio is presently 11.0 days.

Tags: short interest significant drop

Companhia Siderurgica Nacional Upgraded by Zacks to "Hold"

2015-06-02 01:18:36| Steel - Topix.net

Zacks' analyst wrote, "CSN's net income came in at R$392 million in first-quarter 2015, up significantly year over year. Earnings were US$0.10 per ADR.

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