Acerinox (OTCMKTS:ANIOY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $5.97, but opened at $6.27. Acerinox shares last traded at $6.27, with a volume of 100 shares trading hands.
Analyst Ratings Changes
A number of research analysts have recently commented on ANIOY shares. BNP Paribas cut Acerinox to a "neutral" rating in a research report on Monday, April 7th. Barclays reaffirmed an "overweight" rating on shares of Acerinox in a research report on Wednesday, March 5th. Finally, Jefferies Financial Group raised Acerinox to a "buy" rating in a research report on Wednesday, March 5th.
Get Our Latest Analysis on Acerinox
Acerinox Trading Up 5.0%
The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.06 and a current ratio of 2.16. The firm has a market cap of $3.13 billion, a P/E ratio of 16.49 and a beta of 1.10. The firm has a 50 day simple moving average of $5.74 and a 200 day simple moving average of $5.47.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). Acerinox had a net margin of 3.34% and a return on equity of 7.07%. On average, equities research analysts predict 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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