Aperam (OTCMKTS:APEMY) Announces Quarterly Earnings Results

Aperam (OTCMKTS:APEMY) released its quarterly earnings data on Friday. The company reported ($0.35) earnings per share for the quarter, reports. Aperam had a net margin of 3.06% and a return on equity of 5.81%. The company had revenue of $1.80 billion for the quarter.

Aperam Price Performance

Shares of Aperam stock opened at $29.24 on Friday. The firm has a market cap of $2.28 billion, a PE ratio of 43.00 and a beta of 1.69. The company’s fifty day simple moving average is $30.57 and its two-hundred day simple moving average is $31.27. 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 12-month low of $26.52 and a 12-month high of $36.84.

Aperam Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 21st. Shareholders of record on Wednesday, March 20th were given a dividend of $0.4604 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This is a boost from Aperam’s previous dividend of $0.45. Aperam’s dividend payout ratio is presently 245.33%.

About Aperam

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.