Acerinox (OTCMKTS:ANIOY – Get Free Report) announced its earnings results on Friday. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.58), Zacks reports. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $3.88 billion. Acerinox had a negative return on equity of 1.92% and a negative net margin of 0.72%.
Acerinox Price Performance
Acerinox stock remained flat at $8.63 during trading on Friday. Acerinox has a one year low of $5.87 and a one year high of $8.71. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.89 and a quick ratio of 0.91. The stock’s 50 day moving average price is $7.45 and its 200-day moving average price is $7.22. The firm has a market cap of $4.30 billion, a PE ratio of -95.88 and a beta of 1.11.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on ANIOY shares. Zacks Research raised Acerinox from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Acerinox in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Acerinox currently has a consensus rating of “Moderate Buy”.
Acerinox Company Profile
Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.
The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.
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