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Aperam (OTCMKTS:APEMY) Stock Price Down 4% - Should You Sell?

Aperam logo with Basic Materials background

Aperam (OTCMKTS:APEMY - Get Free Report)'s stock price fell 4% on Monday . The stock traded as low as $30.10 and last traded at $30.10. 100 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 650 shares. The stock had previously closed at $31.37.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas lowered shares of Aperam from a "strong-buy" rating to a "neutral" rating in a research note on Monday, April 7th.

Check Out Our Latest Stock Report on Aperam

Aperam Stock Performance

The company's 50-day moving average is $30.11 and its two-hundred day moving average is $29.55. The company has a quick ratio of 0.43, a current ratio of 1.73 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.20 billion, a P/E ratio of 8.62 and a beta of 1.36.

Aperam (OTCMKTS:APEMY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.11). The company had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.41 billion. Aperam had a return on equity of 2.93% and a net margin of 3.79%. Equities analysts predict that Aperam will post 2.84 EPS for the current year.

Aperam Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 19th were paid a dividend of $0.444 per share. This represents a yield of 5.9%. The ex-dividend date of this dividend was Friday, May 16th. Aperam's dividend payout ratio (DPR) is currently 50.72%.

Aperam Company Profile

(Get Free Report)

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.

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