Aperam (OTCMKTS:APEMY) Reaches New 12-Month High – Still a Buy?

Shares of Aperam S.A. (OTCMKTS:APEMY) hit a new 52-week high on Friday . The company traded as high as $34.90 and last traded at $34.90, with a volume of 1249 shares changing hands. The stock had previously closed at $34.00.

Aperam Trading Up 2.6 %

The company has a market capitalization of $2.55 billion, a P/E ratio of 10.09 and a beta of 1.64. The company has a 50-day simple moving average of $28.76 and a 200 day simple moving average of $28.39. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82.

Aperam (OTCMKTS:APEMY) last posted its earnings results on Friday, February 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Aperam had a return on equity of 2.02% and a net margin of 3.73%. Sell-side analysts expect that Aperam S.A. will post 2.84 earnings per share for the current year.

Aperam Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $0.5224 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Aperam’s previous quarterly dividend of $0.46. This represents a $2.09 annualized dividend and a dividend yield of 5.99%. Aperam’s dividend payout ratio (DPR) is 51.16%.

Aperam Company Profile

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.