Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Expands By 50.0%

Acerinox, S.A. (OTCMKTS:ANIOY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a growth of 50.0% from the March 31st total of 200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 1.5 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ANIOY shares. Barclays reissued an “overweight” rating on shares of Acerinox in a research report on Wednesday, March 5th. BNP Paribas downgraded Acerinox to a “neutral” rating in a report on Monday, April 7th. Finally, Jefferies Financial Group raised shares of Acerinox to a “buy” rating in a research report on Wednesday, March 5th.

Acerinox Price Performance

Acerinox stock opened at $5.50 on Friday. The stock has a market capitalization of $2.74 billion, a PE ratio of 68.76 and a beta of 1.15. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37. Acerinox has a 12 month low of $4.45 and a 12 month high of $6.47. The business has a 50 day simple moving average of $5.70 and a 200-day simple moving average of $5.22.

Acerinox (OTCMKTS:ANIOY) last released its earnings results on Friday, February 28th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Acerinox had a net margin of 0.79% and a return on equity of 7.94%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.24 billion. Equities analysts predict that Acerinox will post 0.48 earnings per share for the current year.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.