Aperam (APEMY) – What Are Researchers Thinking About This Stock?

Aperam (OTCMKTS:APEMY) has received a consensus rating of “Hold” from the seven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company.

Several research firms have recently issued reports on APEMY. Zacks Research cut Aperam from a “strong-buy” rating to a “hold” rating in a research note on Monday. BNP Paribas Exane lowered Aperam from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research note on Friday, September 4th.

Aperam Price Performance

APEMY opened at $43.50 on Friday. Aperam has a 12 month low of $35.30 and a 12 month high of $61.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.63 and a quick ratio of 0.55. The stock has a market cap of $3.18 billion, a P/E ratio of 21.53 and a beta of 1.34. The stock’s 50 day moving average price is $51.68 and its 200 day moving average price is $52.29.

About Aperam

Aperam SA is a Luxembourg-based producer of stainless, specialty and electrical steels. The company manufactures a broad range of flat and long steel products, including stainless steel coils, sheets, plates and bars, as well as specialty alloys and electrical steel used in industrial, energy, automotive, construction, consumer and other applications.

Aperam also provides processing, distribution and technical services through its Services and Solutions activities. Its Alloys and Specialties business develops nickel-based alloys and other high-performance materials for demanding uses, while its recycling operations support the collection and processing of stainless steel and other recyclable metals.

The company was established in 2011 following the spin-off of ArcelorMittal’s stainless steel activities.