Acerinox (OTCMKTS:ANIOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

According to Zacks, “Acerinox, S.A. is engaged in production and selling stainless steel. The Company also offers slabs, billets, black coils, sheets, angles and bars. It operates primarily in Spain, USA, South Africa and Malaysia. Acerinox, S.A. is headquartered in Madrid, Spain. “

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Separately, ValuEngine upgraded shares of Acerinox from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd.

Shares of Acerinox (OTCMKTS:ANIOY) opened at $7.36 on Tuesday. Acerinox has a 1-year low of $6.17 and a 1-year high of $7.73. The stock has a market cap of $3,931.20, a PE ratio of 11.68 and a beta of 0.72.

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About Acerinox

Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.

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