Shares of SID traded higher by 1.62% or $0.075/share to $4.70. NYSE is trading at a price to book ratio of 1.59. The PEG is 0.56 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.81. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5242140 shares of SID exchange hands on a given day and today's volume is recorded at 2147573. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Companhia Siderurgica Nacional (CSN) is a Brazil-based company primarily engaged in the steel industry.
