Acerinox (OTCMKTS:ANIOY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $6.50 and last traded at $6.50, with a volume of 110 shares changing hands. The stock had previously closed at $6.20.
Wall Street Analyst Weigh In
Separately, BNP Paribas lowered shares of Acerinox to a "neutral" rating in a research note on Monday, April 7th.
Read Our Latest Stock Analysis on ANIOY
Acerinox Price Performance
The company has a debt-to-equity ratio of 0.57, a current ratio of 2.16 and a quick ratio of 1.06. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 17.11 and a beta of 1.10. The business's 50-day moving average price is $5.84 and its two-hundred day moving average price is $5.55.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.11). Acerinox had a return on equity of 7.07% and a net margin of 3.34%. On average, research analysts forecast that Acerinox will post 0.48 EPS for the current fiscal year.
Acerinox Company Profile
(
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Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.
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