Aperam (OTCMKTS:APEMY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Aperam (OTCMKTS:APEMY) has been given a consensus rating of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several equities analysts have recently issued reports on APEMY shares. Jefferies Financial Group upgraded Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. Citigroup restated a “neutral” rating on shares of Aperam in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Aperam in a research note on Thursday, May 14th. Finally, Zacks Research upgraded shares of Aperam from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th.

Aperam Stock Performance

Shares of OTCMKTS:APEMY opened at $47.19 on Wednesday. The company has a 50 day moving average of $55.93 and a 200-day moving average of $48.18. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The firm has a market cap of $3.45 billion, a P/E ratio of 102.58 and a beta of 1.36. Aperam has a twelve month low of $29.17 and a twelve month high of $61.65.

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). The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.82 billion. Aperam had a net margin of 0.49% and a return on equity of 0.94%. As a group, analysts anticipate 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.