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An update from Companhia Siderúrgica Nacional ( (SID) ) is now available.
On July 31, 2025, Companhia Siderúrgica Nacional announced the sale of 35,192,508 common shares and 27,336,139 preferred shares of Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas to Globe Investimentos S.A. This transaction reduced the company’s stake in Usiminas to 10.13% of common shares and 5.08% of preferred shares, totaling 7.92% of the overall share capital. This strategic move is expected to impact the company’s financial positioning and its influence in the steel market, while stakeholders await further updates.
The most recent analyst rating on (SID) stock is a Sell with a $1.30 price target. To see the full list of analyst forecasts on Companhia Siderúrgica Nacional stock, see the SID Stock Forecast page.
Spark’s Take on SID Stock
According to Spark, TipRanks’ AI Analyst, SID is a Neutral.
The overall stock score of 52 reflects significant profitability and leverage challenges, as seen in the financial performance. Despite some operational efficiencies and positive cash flow, the high debt level poses risks. The technical analysis shows a lack of strong momentum, while the valuation highlights a high dividend yield but negative earnings, offering a mixed picture to investors.
To see Spark’s full report on SID stock, click here.
More about Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional is a prominent player in the steel industry, primarily engaged in the production and distribution of steel products. The company focuses on serving various markets with its comprehensive range of steel offerings.
Average Trading Volume: 3,478,726
Technical Sentiment Signal: Sell
Current Market Cap: $1.89B
For detailed information about SID stock, go to TipRanks’ Stock Analysis page.