How Does Companhia Siderurgica Nacional SA (SID) Stock Rank on Wall Street Thursday?

Thursday, June 30, 2022 03:15 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Companhia Siderurgica Nacional SA (SID) an Analyst Rating Rank of 30, meaning SID is ranked higher by analysts than 30% of stocks. The average price target for SID is $6.9 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating SID a Buy today. Find out what this means to you and get the rest of the rankings on SID!
See Full SID Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Companhia Siderurgica Nacional SA Stock Today?

Companhia Siderurgica Nacional SA (SID) stock is trading at $2.91 as of 3:11 PM on Thursday, Jun 30, a decline of -$0.23, or -7.34% from the previous closing price of $3.14. The stock has traded between $2.91 and $3.02 so far today. Volume today is 6,219,505 compared to average volume of 8,116,470. Click Here to get the full Stock Report for Companhia Siderurgica Nacional SA stock.

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