SID Stock Summary and Trading Ideas (Companhia Siderurgica Nacional S.A. | NYSE:SID)

Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations in railways and port terminals. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.

Companhia Siderurgica Nacional S.A. trades on the NYSE stock market under the symbol SID.

As of April 11, 2025, SID stock price climbed to $1.49 with 1,318,644 million shares trading.

SID has a beta of 0.94, meaning it tends to be less sensitive to market movements. SID has a correlation of 0.13 to the broad based SPY ETF.

SID has a market cap of $1.98 billion. This is considered a Small Cap stock.

In the last 3 years, SID traded as high as $5.67 and as low as $1.27.

The top ETF exchange traded funds that SID belongs to (by Net Assets): VWO, SLX, AVEM, VXUS, SPEM.

SID has underperformed the market in the last year with a price return of -38.8% while the SPY ETF gained +4.5%. However, in the short term, SID had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.0% vs -7.7% return in SPY. But in the last 2 weeks, SID shares have been beat by the market, returning -12.9% compared to an SPY return of -3.9%.

SID support price is $1.38 and resistance is $1.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SID shares will trade within this expected range on the day.