Acerinox (OTCMKTS:ANIOY – Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58), Zacks reports. Acerinox had a negative net margin of 0.72% and a negative return on equity of 1.92%. The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $3.88 billion.
Acerinox Stock Performance
Shares of OTCMKTS:ANIOY remained flat at $8.63 during trading hours on Friday. Acerinox has a 1 year low of $5.87 and a 1 year high of $8.71. The company has a current ratio of 1.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. The company has a market cap of $4.30 billion, a P/E ratio of -95.88 and a beta of 1.11. The business’s 50-day moving average is $7.45 and its two-hundred day moving average is $7.22.
Analyst Ratings Changes
ANIOY has been the topic of a number of analyst reports. Zacks Research upgraded shares of Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Citigroup restated a “buy” rating on shares of Acerinox in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
Acerinox Company Profile
Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.
The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.
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