Aperam (OTCMKTS:APEMY) Hits New 12-Month High – Should You Buy?

Shares of Aperam S.A. (OTCMKTS:APEMY) reached a new 52-week high on Monday . The stock traded as high as $32.24 and last traded at $32.24, with a volume of 1247 shares traded. The stock had previously closed at $31.02.

Aperam Stock Up 3.9 %

The firm’s 50-day moving average is $27.45 and its two-hundred day moving average is $28.06. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82. The stock has a market cap of $2.36 billion, a P/E ratio of 9.32 and a beta of 1.56.

Aperam (OTCMKTS:APEMY) last issued its quarterly 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%. On average, equities research analysts anticipate that Aperam S.A. will post 2.84 earnings per share for the current year.

Aperam Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $0.5224 dividend. This represents a $2.09 annualized dividend and a dividend yield of 6.48%. 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. Aperam’s dividend payout ratio (DPR) is 51.16%.

About Aperam

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.