Acerinox (OTCMKTS:ANIOY) Reaches New 52-Week High – Should You Buy?

Acerinox (OTCMKTS:ANIOY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $7.81 and last traded at $7.81, with a volume of 350 shares changing hands. The stock had previously closed at $6.60.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a “buy” rating on shares of Acerinox in a research note on Friday, December 5th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Acerinox Stock Performance

The stock’s fifty day moving average is $6.78 and its two-hundred day moving average is $6.47. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.95 and a current ratio of 1.91.

Acerinox (OTCMKTS:ANIOY) last issued its quarterly earnings results on Friday, October 31st. The company reported $0.06 EPS for the quarter. The firm had revenue of $1.65 billion for the quarter. Acerinox had a net margin of 1.17% and a return on equity of 2.85%. Research analysts expect that Acerinox will post 0.48 EPS for the current year.

Acerinox Company Profile

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.