National Steel (NYSE:SID) Sets New 1-Year Low – Time to Sell?

Posted by Geri Gentry on Jun 18th, 2026

National Steel Company (NYSE:SID – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $1.09 and last traded at $1.0950, with a volume of 1047230 shares traded. The stock had previously closed at $1.12.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of National Steel from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Sell” and a consensus price target of $1.40.

Check Out Our Latest Stock Analysis on National Steel

National Steel Stock Down 4.0%

The company has a market capitalization of $1.43 billion, a P/E ratio of -4.48 and a beta of 1.54. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.73 and a current ratio of 1.11. The stock has a 50 day moving average price of $1.30 and a 200 day moving average price of $1.51.

National Steel (NYSE:SID – Get Free Report) last released its earnings results on Thursday, May 14th. The basic materials company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.13). National Steel had a negative return on equity of 10.69% and a negative net margin of 3.92%.The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Equities research analysts forecast that National Steel Company will post 0.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On National Steel

A hedge fund recently raised its stake in National Steel stock. HRT Financial LP grew its stake in shares of National Steel Company (NYSE:SID – Free Report) by 175.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 564,262 shares of the basic materials company’s stock after buying an additional 359,335 shares during the period. HRT Financial LP’s holdings in National Steel were worth $902,000 at the end of the most recent reporting period.

National Steel Company Profile

(Get Free Report)

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products.