APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research cut shares of APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) from a buy rating to a hold rating in a research report report published on Tuesday, Zacks.com reports.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

A number of other equities analysts have also recently issued reports on the company. ValuEngine raised Zogenix from a buy rating to a strong-buy rating in a report on Thursday, June 27th. Goldman Sachs Group started coverage on Taylor Wimpey in a report on Wednesday, June 12th. They issued a buy rating for the company.

Shares of APEMY opened at $25.98 on Tuesday. APERAM/SH N Y REGISTRY SH has a 1 year low of $23.27 and a 1 year high of $48.03. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 1.54. The stock has a 50 day moving average of $26.08. The firm has a market cap of $2.22 billion, a PE ratio of 7.26 and a beta of 2.09.

About APERAM/SH N Y REGISTRY SH

Aperam SA, through its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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