Aperam (OTCMKTS:APEMY) Receives Average Rating of “Hold” from Analysts

Aperam (OTCMKTS:APEMY) has been assigned a consensus rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

APEMY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a report on Monday. Morgan Stanley raised Aperam from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 15th. Oddo Bhf lowered Aperam to a “neutral” rating in a research note on Wednesday, January 14th. Citigroup reissued a “neutral” rating on shares of Aperam in a research report on Thursday, January 22nd. Finally, Zacks Research cut Aperam from a “strong-buy” rating to a “hold” rating in a report on Monday.

Aperam Stock Performance

OTCMKTS APEMY opened at $50.89 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.40 and a quick ratio of 0.47. Aperam has a 1-year low of $25.97 and a 1-year high of $51.95. The firm has a market capitalization of $3.72 billion, a P/E ratio of 318.08 and a beta of 1.10. The business’s 50-day simple moving average is $42.25 and its 200-day simple moving average is $36.88.

Aperam (OTCMKTS:APEMY) last posted its earnings results on Friday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.13. The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.69 billion. Aperam had a net margin of 0.17% and a return on equity of 1.05%. Equities analysts predict that Aperam will post 2.84 EPS for the current 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.