Usinas Siderurgicas de Minas Gerais (USNZY) to Release Earnings on Thursday

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) is projected to announce its results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.

Usinas Siderurgicas de Minas Gerais Stock Performance

Shares of USNZY stock opened at $1.28 on Thursday. The company has a fifty day moving average price of $1.16 and a two-hundred day moving average price of $1.00. Usinas Siderurgicas de Minas Gerais has a one year low of $0.70 and a one year high of $1.40. The stock has a market cap of $701.21 million, a P/E ratio of -2.61 and a beta of 1.32. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.21 and a quick ratio of 2.64.

Usinas Siderurgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS: USNZY), widely known as Usiminas, is one of Brazil’s leading integrated steel producers. The company operates across the full steel value chain, from iron ore mining to the manufacture and distribution of flat steel products. Its portfolio includes hot- and cold-rolled coils, coated sheets, tin plates, plates and tubular products, which serve a broad array of end markets such as construction, automotive, packaging, machinery and energy.

Founded in the mid-1950s through a partnership between Brazilian and international investors, Usiminas is headquartered in Belo Horizonte and maintains its principal steelmaking facilities in Ipatinga, Minas Gerais, as well as secondary operations in Cubatão (São Paulo) and Santa Cruz.