Acerinox (OTCMKTS:ANIOY - Get Free Report) dropped 0.6% during mid-day trading on Thursday . The stock traded as low as $6.46 and last traded at $6.46. Approximately 2,862 shares changed hands during mid-day trading, an increase of 557% from the average daily volume of 435 shares. The stock had previously closed at $6.50.
Wall Street Analyst Weigh In
Separately, BNP Paribas lowered shares of Acerinox to a "neutral" rating in a research report on Monday, April 7th.
Read Our Latest Stock Report on ANIOY
Acerinox Stock Performance
The company's 50-day moving average price is $5.91 and its 200-day moving average price is $5.60. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 17.00 and a beta of 1.11. The company has a quick ratio of 1.06, a current ratio of 2.16 and a debt-to-equity ratio of 0.57.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.02 earnings per share (EPS) 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%. Equities analysts expect that Acerinox will post 0.48 EPS for the current fiscal year.
About Acerinox
(
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.
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