Acerinox (OTCMKTS:ANIOY) Reaches New 1-Year High – Time to Buy?

Posted by Donna Armstrong on May 28th, 2026

Acerinox (OTCMKTS:ANIOY – Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $9.48 and last traded at $9.48, with a volume of 1437 shares. The stock had previously closed at $8.81.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ANIOY. Citigroup reissued a “buy” rating on shares of Acerinox in a research note on Wednesday, May 20th. Morgan Stanley reissued an “overweight” rating on shares of Acerinox in a research note on Tuesday, May 19th. Finally, Zacks Research raised shares of Acerinox from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Research Report on Acerinox

Acerinox Trading Up 7.6%

The company has a quick ratio of 0.91, a current ratio of 1.89 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $4.73 billion, a P/E ratio of -94.79 and a beta of 1.11. The firm’s 50 day simple moving average is $7.81 and its two-hundred day simple moving average is $7.41.

Acerinox (OTCMKTS:ANIOY – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.58). Acerinox had a negative net margin of 0.79% and a negative return on equity of 2.11%. The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $3.88 billion. As a group, analysts forecast that Acerinox will post 0.53 earnings per share for the current fiscal year.

Acerinox Company Profile

(Get Free Report)

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.