Aperam (OTCMKTS:APEMY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Aperam (OTCMKTS:APEMY) has received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

APEMY has been the subject of several recent analyst reports. BNP Paribas Exane cut shares of Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Aperam in a research note on Friday, September 4th. Finally, Zacks Research upgraded Aperam from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th.

Aperam Price Performance

OTCMKTS:APEMY opened at $51.25 on Monday. Aperam has a 12-month low of $32.50 and a 12-month high of $61.65. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of 25.37 and a beta of 1.34. The company’s 50-day moving average is $53.86 and its two-hundred day moving average is $51.67. The company has a current ratio of 1.63, a quick ratio of 0.55 and a debt-to-equity ratio of 0.34.

Aperam Company Profile

Aperam SA is a Luxembourg-based producer of stainless, specialty and electrical steels. The company manufactures a broad range of flat and long stainless steel products, including coils, sheets, plates, bars and wires, serving applications in sectors such as automotive, construction, engineering, energy, food processing and household appliances.

Aperam also produces nickel alloys and other specialty materials designed for demanding industrial environments. Through its services and solutions activities, the company provides processing, finishing, distribution and related support for steel products.