Zacks Investment Research upgraded shares of ACERINOX SA/ADR (OTCMKTS:ANIOY) from a sell rating to a hold rating in a research report sent to investors 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. “

Separately, ValuEngine downgraded ACERINOX SA/ADR from a sell rating to a strong sell rating in a report on Monday, November 26th.

Shares of ANIOY stock opened at $4.87 on Tuesday. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 10.36 and a beta of 1.95. The company has a quick ratio of 1.10, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. ACERINOX SA/ADR has a fifty-two week low of $4.87 and a fifty-two week high of $7.73.

About ACERINOX SA/ADR

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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