Zacks Investment Research cut shares of APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) from a buy rating to a hold rating in a report issued on Tuesday morning, Zacks.com reports.

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 cut APERAM/SH N Y REGISTRY SH from a hold rating to a sell rating in a report on Monday.

OTCMKTS:APEMY opened at $34.86 on Tuesday. The stock has a market cap of $2.91 billion, a P/E ratio of 10.50 and a beta of 2.20. The stock’s 50-day moving average is $31.46 and its 200-day moving average is $27.75. APERAM/SH N Y REGISTRY SH has a 1-year low of $21.30 and a 1-year high of $34.86.

About APERAM/SH N Y REGISTRY SH

Aperam SA, through its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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