Acerinox (OTCMKTS:ANIOY) Reaches New 52-Week Low – Here’s Why

Shares of Acerinox, S.A. (OTCMKTS:ANIOYGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $4.55 and last traded at $4.58, with a volume of 6802 shares changing hands. The stock had previously closed at $4.96.

Acerinox Stock Performance

The company’s 50-day simple moving average is $5.15 and its 200 day simple moving average is $5.25. The company has a market cap of $2.28 billion, a PE ratio of 16.54 and a beta of 1.43.

About Acerinox

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Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.

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