XUSIO.MC Usinas Siderúrgicas de Minas Gerais EURONEXT +9.43% 29 Jan 2026: upside to EUR 1.26
The XUSIO.MC stock closed up 9.43% at EUR 1.16 on EURONEXT on 29 Jan 2026, marking the stock’s year high. Trading volume was light at 54 shares versus an average of 613, but the move extends a short-term rally that lifted the 1‑month return to 30.34%. Investors reacted to sector tailwinds in Basic Materials and improved 50‑day momentum; the market closed in Europe with limited liquidity. We review drivers, valuation, technicals, and a Meyka AI forecast to frame near‑term opportunities and risks for Usinas Siderúrgicas de Minas Gerais S.A.
XUSIO.MC stock move today and price context
XUSIO.MC stock jumped 9.43% to EUR 1.16 on EURONEXT at market close on 29 Jan 2026. The session high matched the close and set the year high at EUR 1.16, with a day range of EUR 1.05–1.16. The rally raises the 50‑day average to EUR 0.92 and the 200‑day average to EUR 0.79, signalling short‑term strength relative to longer trend.
What drove the gain: news, sector and volume
The Basic Materials sector showed modest strength today, helping steel names outperform. There was no single headline from Usinas; the move appears linked to improved commodity sentiment and a rebound in regional steel demand. Volume remained thin at 54 shares, implying the price change may be sensitive to follow‑through liquidity.
Valuation and key financial metrics for XUSIO.MC stock
Usinas Siderúrgicas de Minas Gerais posts EPS -0.41 and a negative PE of -2.83, reflecting recent net losses. The market cap stands at EUR 1,427,890,444.00 with 1,230,940,038.00 shares outstanding. Balance sheet metrics show a PB ratio 0.42 and a strong current ratio at 4.21, indicating ample short‑term liquidity despite operational margins under pressure.
Meyka AI rates XUSIO.MC with a score out of 100
Meyka AI rates XUSIO.MC with a score of 60.93 out of 100 and assigns grade B with a suggestion: HOLD. This grade factors in S&P 500 and sector comparison, industry metrics, financial growth, key ratios, forecasts and analyst consensus. The rating notes solid book value per share EUR 19.43 but weak profitability, so investors should weigh book value support against margin and earnings volatility.
Technicals, liquidity and trading signals for XUSIO.MC stock
Technical indicators show momentum without a strong trend: RSI 60.13, MACD neutral, and CCI at 151.20 indicating short‑term overbought conditions. Average daily volume is low at 613, and today’s 54 shares traded signal limited liquidity and wider execution risk. Traders should use tight risk controls if chasing the rally.
Price targets, forecast and analyst view
Meyka AI’s forecast model projects a monthly target EUR 1.26 and a quarterly target EUR 1.20, implying near‑term upside of 8.62% and 3.45% versus the current price EUR 1.16. A conservative support target is EUR 0.95 and a bullish scenario reaches EUR 1.50 on stronger commodity prices and margin recovery. Forecasts are model‑based projections and not guarantees.
Final Thoughts
Usinas Siderúrgicas de Minas Gerais (XUSIO.MC) closed as a top gainer on EURONEXT on 29 Jan 2026, finishing at EUR 1.16 after a 9.43% session rise. The move lifts short‑term momentum and keeps the 50‑day average above EUR 0.90, but liquidity is thin with 54 shares traded versus an average of 613, which raises execution risk. Valuation shows price to book at 0.42 and negative earnings (PE -2.83), underlining that book value supports the stock while operations remain loss‑making. Meyka AI’s forecast model projects EUR 1.26 monthly and EUR 1.20 quarterly targets, signalling limited near‑term upside of 8.62% and 3.45% respectively from today’s close. Investors should balance the short‑term rally against weak margins, thin trading, and sector volatility. For company details and filings see Usiminas’ website and the EURONEXT listing; Meyka AI provides real‑time market analysis and proprietary grades to help shape risk‑aware decisions. Forecasts are model projections and not guarantees.
FAQs
Why did XUSIO.MC stock jump on 29 Jan 2026?
The gain reflects sector strength in Basic Materials and improved short‑term momentum. No single company release explained the move; thin volume of 54 shares magnified price action. Monitor follow‑through volume and upcoming earnings on 13 Feb 2026.
What is Meyka AI’s forecast for XUSIO.MC stock?
Meyka AI’s forecast model projects a monthly target of EUR 1.26 and a quarterly target of EUR 1.20. That implies near‑term upside of 8.62% and 3.45% from the current EUR 1.16. Forecasts are model‑based projections and not guarantees.
Is XUSIO.MC stock a value or growth play?
XUSIO.MC currently trades at a low price‑to‑book (0.42) indicating value characteristics by book metrics. Negative profitability and weak margins make it a higher risk value case rather than a growth story. Investors should evaluate cash flow recovery and margin trends.
What risks should investors consider for XUSIO.MC stock?
Key risks include operational losses, negative earnings (EPS -0.41), thin liquidity, and commodity price swings. Interest coverage is weak and margins are under pressure, so downside can be swift on negative macro news.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
