Acerinox (OTCMKTS:ANIOY) Announces Earnings Results, Misses Estimates By $0.10 EPS

Acerinox (OTCMKTS:ANIOY) posted its quarterly earnings data on Friday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10), Zacks reports. Acerinox had a net margin of 0.79% and a return on equity of 7.94%.

Acerinox Stock Performance

Acerinox stock remained flat at $5.75 during trading hours on Friday. The company has a quick ratio of 1.37, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The firm’s fifty day moving average price is $5.09 and its 200-day moving average price is $5.04. The stock has a market cap of $2.87 billion, a PE ratio of 71.88 and a beta of 1.44. Acerinox has a 1 year low of $4.45 and a 1 year high of $5.80.

Acerinox Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Thursday, January 23rd were given a dividend of $0.0983 per share. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox’s dividend payout ratio is currently 237.50%.

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.