Aperam (OTCMKTS:APEMY) Given Consensus Recommendation of “Hold” by Brokerages

Aperam (OTCMKTS:APEMY) has earned a consensus rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Five 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. Citigroup reaffirmed a “neutral” rating on shares of Aperam in a report on Thursday, January 22nd. Morgan Stanley reissued an “overweight” rating on shares of Aperam in a research note on Thursday, February 19th. Zacks Research downgraded shares of Aperam from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Oddo Bhf cut shares of Aperam to a “neutral” rating in a research note on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a report on Monday, February 9th.

Aperam Stock Performance

OTCMKTS APEMY opened at $43.58 on Thursday. The business has a 50 day simple moving average of $45.61 and a two-hundred day simple moving average of $39.12. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.15 and a quick ratio of 0.82. The stock has a market capitalization of $3.19 billion, a PE ratio of 272.39 and a beta of 1.06. Aperam has a 1-year low of $25.97 and a 1-year high of $54.50.

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