Aperam (APEMY) Upgraded to Hold by Zacks Investment Research
Aperam (OTCMKTS:APEMY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “
Separately, ValuEngine upgraded Aperam from a “hold” rating to a “buy” rating in a report on Wednesday, January 10th.
Aperam (OTCMKTS:APEMY) last posted its earnings results on Tuesday, January 30th. The company reported $1.29 earnings per share for the quarter. Aperam had a return on equity of 11.99% and a net margin of 7.15%. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.19 billion. analysts expect that Aperam will post 4.36 earnings per share for the current year.
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Aperam Company Profile
Aperam produces and sells stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel, Services & Solutions, and Alloys & Specialties. The company offers steel products and electrical steels, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.
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