Acerinox (OTCMKTS:ANIOY) Shares Gap Up – Here’s What Happened

Posted by Lauren Steadman on Jul 7th, 2026

Shares of Acerinox (OTCMKTS:ANIOY – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $8.73, but opened at $9.28. Acerinox shares last traded at $9.28, with a volume of 657 shares.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Acerinox in a research note on Wednesday, May 20th. Zacks Research raised Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Acerinox in a report on Monday, June 15th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on Acerinox

Acerinox Stock Up 6.3%

The business’s fifty day simple moving average is $8.87 and its 200 day simple moving average is $7.89. The company has a current ratio of 1.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of -92.79 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). Acerinox had a negative net margin of 0.79% and a negative return on equity of 2.11%. The company had revenue of $1.62 billion during the quarter, compared to analyst estimates of $3.88 billion. Equities analysts forecast that Acerinox will post 0.53 earnings per share for the current fiscal year.

About Acerinox

(Get Free Report)

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.