Acerinox (OTCMKTS:ANIOY) Receives Average Recommendation of “Hold” from Brokerages

Acerinox (OTCMKTS:ANIOY) has been assigned a consensus rating of “Hold” from the four analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and two have given a buy recommendation to the company.

ANIOY has been the subject of several research analyst reports. Citigroup reiterated a “buy” rating on shares of Acerinox in a research note on Thursday, January 22nd. Zacks Research cut Acerinox from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th.

Acerinox Stock Down 4.4%

Shares of OTCMKTS:ANIOY opened at $6.91 on Tuesday. Acerinox has a 52-week low of $4.81 and a 52-week high of $8.30. The company has a current ratio of 1.91, a quick ratio of 0.95 and a debt-to-equity ratio of 0.63. The company has a 50-day simple moving average of $7.52 and a 200 day simple moving average of $6.91.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Friday, February 27th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.17). The business had revenue of $1.52 billion for the quarter. Acerinox had a negative return on equity of 1.88% and a negative net margin of 0.72%. Research analysts forecast that Acerinox will post 0.48 earnings per share for the current fiscal 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.