Aperam (OTCMKTS:APEMY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Aperam (OTCMKTS:APEMY) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several research firms have recently commented on APEMY. Morgan Stanley reaffirmed an “overweight” rating on shares of Aperam in a research report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a report on Thursday. Citigroup reaffirmed a “neutral” rating on shares of Aperam in a report on Friday, April 17th. Jefferies Financial Group raised Aperam from a “hold” rating to a “buy” rating in a report on Wednesday, April 15th. Finally, Zacks Research raised Aperam from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th.

Aperam Price Performance

Shares of OTCMKTS APEMY opened at $55.00 on Tuesday. The business’s 50 day moving average price is $45.57 and its two-hundred day moving average price is $43.36. The company has a market cap of $4.02 billion, a PE ratio of 119.57 and a beta of 1.24. The company has a quick ratio of 0.82, a current ratio of 3.15 and a debt-to-equity ratio of 0.33. Aperam has a twelve month low of $29.17 and a twelve month high of $57.00.

Aperam (OTCMKTS:APEMY) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.82 billion. Aperam had a return on equity of 0.94% and a net margin of 0.49%. On average, analysts predict that Aperam will post 2.3 EPS for the current year.

About Aperam

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.