$SID is one of biggest losers #stocks today. read more:

Companhia Siderurgica Nacional (symbol: SID) was one of the worst losers of
the trading day today (2016-06-07), losing -5.61%. The number of shares
that changed hands was 2,541,881, or about 1 times the average daily volume
in the stock.
The closing price was $2.02, amounting to a market cap of $2,740,000,000,
about -48.47% off the highest price in the last 12 months. The stock has
been trading at a range between $0.73 and $3.92.
SID is in the Steel/Iron Ore industry, part of the Capital Goods sector.
Looking at its valuation, the stock is now trading at 336.67 times earnings.