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

Zacks Investment Research upgraded shares of APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) from a sell rating to a hold rating in a report released on Wednesday, 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. “

Separately, ValuEngine upgraded APERAM/SH N Y REGISTRY SH from a sell rating to a hold rating in a research report on Wednesday, October 2nd.

OTCMKTS:APEMY traded down $0.55 during trading hours on Wednesday, hitting $30.99. The company’s stock had a trading volume of 125 shares, compared to its average volume of 284. APERAM/SH N Y REGISTRY SH has a twelve month low of $21.30 and a twelve month high of $33.69. The company has a market capitalization of $2.59 billion, a P/E ratio of 8.66 and a beta of 2.18. The stock has a fifty day simple moving average of $25.47 and a 200-day simple moving average of $25.72.

APERAM/SH N Y REGISTRY SH Company Profile

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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