Aperam (OTCMKTS:APEMY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Aperam (OTCMKTS:APEMY) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of equities research analysts have recently commented on the stock. Citigroup reiterated a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. Jefferies Financial Group upgraded shares of Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a research note on Thursday, May 14th. Finally, Zacks Research upgraded Aperam from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th.

Aperam Stock Performance

OTCMKTS APEMY opened at $47.19 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 3.15 and a debt-to-equity ratio of 0.33. Aperam has a fifty-two week low of $29.17 and a fifty-two week high of $61.65. The business has a fifty day moving average of $55.93 and a 200-day moving average of $48.18. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 102.58 and a beta of 1.36.

Aperam (OTCMKTS:APEMY) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). Aperam had a return on equity of 0.94% and a net margin of 0.49%.The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.82 billion. As a group, analysts predict that Aperam will post 2.3 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.