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

Aperam (OTCMKTS:APEMY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research note on Tuesday, April 14th. Jefferies Financial Group upgraded shares of Aperam from a “hold” rating to a “buy” rating in a research note on Wednesday, April 15th. Citigroup reiterated a “neutral” rating on shares of Aperam in a research report on Friday, April 17th. Morgan Stanley restated an “overweight” rating on shares of Aperam in a research report on Thursday, February 19th. Finally, Zacks Research lowered Aperam from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th.

Aperam Stock Performance

Shares of APEMY opened at $48.00 on Friday. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 300.02 and a beta of 1.18. Aperam has a 12 month low of $28.95 and a 12 month high of $54.50. 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 stock has a 50 day moving average of $44.46 and a 200 day moving average of $41.97.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). Aperam had a return on equity of 1.05% and a net margin of 0.17%. As a group, sell-side analysts forecast that Aperam will post 1.83 earnings per share for the current 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.