Companhia Siderurgica Nacional Breaks Above 200-Day Moving Average

Companhia Siderurgica Nacional Breaks Above 200-Day Moving Average - Bullish for SID

Posted on November 01, 2012 at 16:36 PM EDT

In trading on Thursday, shares of Companhia Siderurgica Nacional (SID) crossed above their 200 day moving average of $5.60, changing hands as high as $5.72 per share. Companhia Siderurgica Nacional shares are currently trading up about 4.6% on the day.

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