Acerinox (OTCMKTS:ANIOY) Issues Quarterly Earnings Results

Acerinox (OTCMKTS:ANIOYGet Free Report) issued its earnings results on Friday. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.17), Zacks reports. Acerinox had a net margin of 1.17% and a return on equity of 2.85%. The company had revenue of $1.52 billion for the quarter.

Acerinox Stock Performance

OTCMKTS:ANIOY opened at $7.91 on Friday. The company’s 50 day moving average price is $7.46 and its 200-day moving average price is $6.85. The company has a current ratio of 1.91, a quick ratio of 0.95 and a debt-to-equity ratio of 0.63. Acerinox has a 52 week low of $4.81 and a 52 week high of $8.30.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “buy” rating on shares of Acerinox in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Acerinox has an average rating of “Moderate Buy”.

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About Acerinox

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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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Earnings History for Acerinox (OTCMKTS:ANIOY)

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