Aperam (OTCMKTS:APEMY) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Aperam (OTCMKTS:APEMY – Get Free Report) have been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company.

APEMY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a research note on Friday, September 4th. Zacks Research lowered shares of Aperam from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th.

Read Our Latest Research Report on Aperam

Aperam Price Performance

Shares of APEMY opened at $37.51 on Tuesday. The firm has a market capitalization of $2.74 billion, a PE ratio of 15.31 and a beta of 1.40. Aperam has a twelve month low of $35.30 and a twelve month high of $61.65. The stock’s 50 day moving average is $46.94 and its two-hundred day moving average is $49.59. The company has a current ratio of 1.63, a quick ratio of 0.55 and a debt-to-equity ratio of 0.34.

Aperam (OTCMKTS:APEMY – Get Free Report) last released its quarterly earnings data on Friday, November 6th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.31). The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Aperam had a net margin of 2.10% and a return on equity of 2.34%. Research analysts anticipate that Aperam will post 2.93 earnings per share for the current year.

About Aperam

(Get Free Report)

Aperam is a global producer of stainless and specialty steels, serving customers in industries such as automotive, construction, consumer goods, energy and industrial equipment. Its products include stainless steel, electrical steel and specialty alloys designed for applications that require specific performance or corrosion resistance.

The company also provides processing and distribution services, including solutions that tailor steel products to customer requirements. Through its recycling and renewables activities, Aperam collects and processes scrap and works to incorporate recycled materials into its operations.

Headquartered in Luxembourg, Aperam was established in 2011 after being spun off from ArcelorMittal.

Further Reading

Analyst Recommendations for Aperam (OTCMKTS:APEMY)

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