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

Aperam (OTCMKTS:APEMY) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of Aperam from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Jefferies Financial Group upgraded shares of Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. Citigroup reiterated a “neutral” rating on shares of Aperam in a research report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a research report on Thursday, May 14th.

Aperam Price Performance

Shares of OTCMKTS APEMY opened at $59.43 on Friday. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 129.20 and a beta of 1.32. Aperam has a 12 month low of $29.17 and a 12 month high of $61.65. The stock has a 50-day moving average price of $54.73 and a two-hundred day moving average price of $46.97.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.07). The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.82 billion. Aperam had a return on equity of 0.94% and a net margin of 0.49%. As a group, analysts forecast that Aperam will post 2.3 earnings per share for the current fiscal 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.