Acerinox (OTCMKTS:ANIOY - Get Free Report)'s share price hit a new 52-week high 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.
Analyst Ratings Changes
Separately, BNP Paribas lowered Acerinox to a "neutral" rating in a research report on Monday, April 7th.
View Our Latest Analysis on Acerinox
Acerinox Stock Performance
The firm has a market capitalization of $3.24 billion, a P/E ratio of 17.11 and a beta of 1.11. The stock has a 50-day moving average of $5.84 and a 200 day moving average of $5.55. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.06 and a current ratio of 2.16.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last posted 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 net margin of 3.34% and a return on equity of 7.07%. On average, research analysts anticipate that Acerinox will post 0.48 earnings per share for the current year.
Acerinox Company Profile
(
Get Free Report)
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.
Read More
Before you consider Acerinox, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acerinox wasn't on the list.
While Acerinox currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.