|Day's Range||2.11 - 2.14|
|52 Week Range||1.73 - 4.24|
|PE Ratio (TTM)||6.82|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
One day after a presidential bribery scandal tanked the Brazilian market, stocks are rebounding.
A presidential bribery scandal just tanked the Brazilian stock market.
Brazilian steelmaker Companhia Siderúrgica Nacional SA on Monday said it would delay release of first-quarter results due to an ongoing accounting review, according to a statement. The accounting review, related to a transaction from November 2015 that resulted in the combination of certain mining and logistical operations of CSN, is still incomplete, the company said. According to unaudited information released by the company, CSN posted net sales 15 percent higher at 4.4 billion reais ($1.42 billion) last quarter, it said without elaborating.