Short Interest in Aperam S.A. (OTCMKTS:APEMY) Decreases By 5.9%

Aperam S.A. (OTCMKTS:APEMY) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,600 shares, a decrease of 5.9% from the March 15th total of 1,700 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 2.7 days.

Aperam Stock Performance

OTCMKTS:APEMY opened at $30.83 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 3.01 and a debt-to-equity ratio of 0.17. Aperam has a fifty-two week low of $26.52 and a fifty-two week high of $36.84. The stock has a market cap of $2.41 billion, a PE ratio of 10.31 and a beta of 1.69. The firm’s fifty day simple moving average is $31.61 and its 200-day simple moving average is $31.28.

Aperam (OTCMKTS:APEMY) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.03 earnings per share for the quarter. Aperam had a net margin of 3.06% and a return on equity of 5.81%. The business had revenue of $1.67 billion for the quarter. Analysts expect that Aperam will post 2.79 earnings per share for the current fiscal year.

Aperam Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 21st. Investors of record on Wednesday, March 20th were given a $0.4604 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This is a positive change from Aperam’s previous dividend of $0.45. Aperam’s payout ratio is currently 61.54%.

Aperam Company Profile

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.