Aperam (OTCMKTS:APEMY – Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.31), Zacks reports. Aperam had a return on equity of 2.34% and a net margin of 2.10%.
Aperam Price Performance
Aperam stock traded down $0.86 during mid-day trading on Friday, hitting $36.89. The stock had a trading volume of 1,590 shares, compared to its average volume of 966. The firm’s 50 day moving average is $47.28 and its 200 day moving average is $49.62. Aperam has a one year low of $35.30 and a one year high of $61.65. The firm has a market capitalization of $2.70 billion, a P/E ratio of 33.31 and a beta of 1.40. The company has a current ratio of 1.63, a quick ratio of 0.55 and a debt-to-equity ratio of 0.34.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on APEMY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a report on Friday, September 4th. Zacks Research lowered Aperam from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.
Get Our Latest Analysis on APEMY
Aperam Company Profile
Aperam SA is a Luxembourg-based producer of stainless and specialty steel products. The company manufactures a broad range of stainless steel, electrical steel and specialty alloys for applications in industries such as automotive, construction, engineering, energy, food processing and consumer goods.
Its product portfolio includes flat and long stainless steel products, precision and specialty materials, and high-performance alloys designed for demanding industrial uses. Aperam also provides processing, distribution and technical services through its services and solutions activities.
The company has an integrated industrial and commercial presence across Europe and Brazil, with additional international sales coverage.
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