Aperam (OTCMKTS:APEMY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Aperam (OTCMKTS:APEMY) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

A number of research firms recently issued reports on APEMY. Citigroup restated a “neutral” rating on shares of Aperam in a research report on Friday, December 5th. Zacks Research raised shares of Aperam from a “strong sell” rating to a “strong-buy” rating in a report on Friday, January 9th. Morgan Stanley upgraded shares of Aperam from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 15th. Finally, Oddo Bhf downgraded shares of Aperam to a “neutral” rating in a research report on Wednesday, January 14th.

Aperam Price Performance

Shares of OTCMKTS:APEMY opened at $43.00 on Wednesday. The company has a market cap of $3.15 billion, a PE ratio of -358.30 and a beta of 1.08. Aperam has a fifty-two week low of $25.97 and a fifty-two week high of $43.00. The firm has a 50-day simple moving average of $39.56 and a 200 day simple moving average of $35.40. The company has a quick ratio of 0.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.19.

Aperam (OTCMKTS:APEMY) last issued its earnings results on Friday, November 7th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.34). The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.69 billion. Aperam had a positive return on equity of 0.47% and a negative net margin of 0.13%. On average, sell-side analysts anticipate that Aperam will post 2.84 EPS for the current year.

Aperam Company Profile

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.