Shares of Aperam (OTCMKTS:APEMY - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $55.00 and last traded at $55.00, with a volume of 308 shares. The stock had previously closed at $48.51.
Analyst Ratings Changes
A number of analysts have weighed in on APEMY shares. Oddo Bhf cut shares of Aperam to a "neutral" rating in a report on Wednesday, January 14th. Morgan Stanley reissued an "overweight" rating on shares of Aperam in a report on Thursday, February 19th. Citigroup reissued a "neutral" rating on shares of Aperam in a report on Friday, April 17th. Zacks Research cut shares of Aperam from a "hold" rating to a "strong sell" rating in a report on Thursday, April 30th. Finally, Jefferies Financial Group raised shares of Aperam from a "hold" rating to a "buy" rating in a report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Aperam has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on APEMY
Aperam Trading Up 13.4%
The company has a debt-to-equity ratio of 0.33, a current ratio of 3.15 and a quick ratio of 0.82. The firm has a market capitalization of $4.02 billion, a PE ratio of 119.57 and a beta of 1.24. The business's 50-day moving average price is $44.46 and its 200-day moving average price is $42.04.
Aperam (OTCMKTS:APEMY - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.07). The business had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.82 billion. Aperam had a return on equity of 0.94% and a net margin of 0.49%. As a group, analysts expect that Aperam will post 1.83 earnings per share for the current fiscal year.
About Aperam
(
Get Free Report)
Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.
The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.
Further Reading
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