Aperam (OTCMKTS:APEMY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Aperam (OTCMKTS:APEMY) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

APEMY has been the subject of a number of recent analyst reports. Morgan Stanley raised shares of Aperam from an “equal weight” rating to an “overweight” rating in a report on Monday, December 15th. Zacks Research upgraded Aperam from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a research report on Monday. Oddo Bhf downgraded Aperam to a “neutral” rating in a report on Wednesday, January 14th. Finally, Citigroup restated a “neutral” rating on shares of Aperam in a report on Thursday, January 22nd.

Aperam Stock Performance

Shares of OTCMKTS:APEMY opened at $50.96 on Friday. The business’s 50-day simple moving average is $41.75 and its 200 day simple moving average is $36.67. The company has a market cap of $3.73 billion, a P/E ratio of 318.49 and a beta of 1.10. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.47 and a current ratio of 1.40. Aperam has a one year low of $25.97 and a one year high of $50.98.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.13. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.69 billion. Aperam had a net margin of 0.17% and a return on equity of 1.05%. On average, sell-side analysts forecast that Aperam will post 2.84 earnings per share for the current fiscal year.

Aperam Company Profile

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.