Aperam (OTCMKTS:APEMY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Aperam (OTCMKTS:APEMY) have been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have issued reports on APEMY shares. BNP Paribas Exane lowered shares of Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research note on Thursday, May 14th. Citigroup reaffirmed a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. Finally, Zacks Research upgraded Aperam from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th.

Aperam Price Performance

Shares of OTCMKTS APEMY opened at $53.97 on Thursday. Aperam has a 1-year low of $30.00 and a 1-year high of $61.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.63 and a quick ratio of 0.55. The business’s fifty day moving average price is $52.59 and its two-hundred day moving average price is $51.11. The firm has a market capitalization of $3.95 billion, a PE ratio of 26.72 and a beta of 1.34.

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.