Aperam (OTCMKTS:APEMY) Given Consensus Rating of “Hold” by Brokerages

Aperam (OTCMKTS:APEMY) has been assigned an average rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company.

Several analysts have weighed in on the company. Zacks Research upgraded Aperam from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a research report on Thursday, May 14th. BNP Paribas Exane downgraded shares of Aperam from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Jefferies Financial Group raised shares of Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. Finally, Citigroup restated a “neutral” rating on shares of Aperam in a research note on Wednesday, May 20th.

Aperam Stock Performance

OTCMKTS:APEMY opened at $50.31 on Wednesday. Aperam has a 12 month low of $29.17 and a 12 month high of $61.65. The firm has a fifty day simple moving average of $55.84 and a 200-day simple moving average of $48.50. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $3.68 billion, a P/E ratio of 109.37 and a beta of 1.36.

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

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.