<div id="readability-page-1"><p><span>National Steel (NYSE:SID - Get Free Report)</span> had its target price increased by analysts at UBS Group  from $1.30 to $1.40 in a report released on Monday,Benzinga reports. The brokerage presently has a &#34;sell&#34; rating on the basic materials company's stock. UBS Group's target price suggests a potential downside of 19.77% from the stock's current price.</p><p>A number of other research analysts also recently weighed in on SID. Weiss Ratings  reissued a &#34;sell (d)&#34; rating on shares of National Steel in a research note on Wednesday, October 8th. Zacks Research upgraded National Steel from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Friday, September 19th. One analyst  has rated the stock with a Hold rating and two have assigned  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of &#34;Sell&#34; and a consensus price target of $1.40.</p><div><p><span></span><span>Get <strong>National Steel</strong> alerts:</span></p></div><p><b>Check Out Our Latest Research Report on National Steel</b></p><h2>National Steel Price Performance</h2><p>Shares of National Steel stock traded down $0.07 during midday trading on Monday, hitting $1.75. 3,049,749 shares of the company were exchanged, compared to its average volume of 2,696,553. National Steel has a 52 week low of $1.24 and a 52 week high of $1.84. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.32 and a quick ratio of 0.91. The firm has a 50 day simple moving average of $1.62 and a 200-day simple moving average of $1.51. The firm has a market cap of $2.31 billion, a P/E ratio of -10.26 and a beta of 1.74. </p><p>National Steel (NYSE:SID - Get Free Report) last issued its earnings results on Monday, November 10th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.09). The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.08 billion. National Steel had a negative net margin of 2.88% and a negative return on equity of 7.77%.  Research analysts forecast that  National Steel will post -0.02 earnings per share for the current year. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds have recently made changes to their positions in SID. Inspire Investing LLC boosted its position in shares of  National Steel by 155.7% during the 1st quarter. Inspire Investing LLC now owns 31,681 shares of the basic materials company's stock worth $53,000 after purchasing an additional 19,289 shares in the last quarter.  EntryPoint Capital LLC lifted its stake in  National Steel by 23.0% during the 1st quarter. EntryPoint Capital LLC now owns 46,975 shares of the basic materials company's stock valued at $78,000 after acquiring an additional 8,798 shares in the last quarter.  Finally, American Century Companies Inc. boosted its holdings in  National Steel by 0.6% during the 1st quarter. American Century Companies Inc. now owns 2,187,196 shares of the basic materials company's stock worth $3,653,000 after acquiring an additional 13,632 shares during the last quarter. </p><h2>National Steel Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than National Steel</li><li>How to Calculate Return on Investment (ROI)</li><li>Rivian’s Autonomy Bombshell Changes Everything—Even Its Valuation</li><li>Unveiling The Power Of VWAP: A Key Indicator For Traders</li><li>Financial Sector Breaks Out as Capital Rotates and Leadership Shifts</li><li>Industrial Products Stocks Investing </li><li>Super Micro's Sell-Off Is a Mirage—Here’s Why the Rally May Come Back Fast</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in National Steel Right Now?</h2><p>Before you consider National Steel, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Steel wasn't on the list.</p><p>While National Steel currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>UBS Group raised its target price for National Steel (NYSE:SID) from $1.30 to $1.40, maintaining a "sell" rating. This suggests a potential 19.77% downside from the current price. Other analysts also rated the stock, with Weiss Ratings maintaining a "sell" and Zacks Research upgrading it to "hold." The stock has an average "sell" rating and a consensus price target of $1.40.</p>

UBS Group Issues Positive Forecast for National Steel (NYSE:SID) Stock Price