Acerinox (OTCMKTS:ANIOY) Shares Cross Below Fifty Day Moving Average of $5.43

Acerinox, S.A. (OTCMKTS:ANIOY)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.43 and traded as low as $5.20. Acerinox shares last traded at $5.20, with a volume of 111 shares traded.

Acerinox Price Performance

The company has a fifty day moving average of $5.43 and a 200-day moving average of $5.39. The firm has a market cap of $2.73 billion, a P/E ratio of 8.12 and a beta of 1.48. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.27 and a quick ratio of 1.29.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Friday, March 1st. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.04). Acerinox had a return on equity of 11.80% and a net margin of 2.34%. The company had revenue of $1.65 billion for the quarter. On average, sell-side analysts anticipate that Acerinox, S.A. will post 0.77 EPS for the current fiscal year.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.