Aperam (OTCMKTS:APEMY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Aperam (OTCMKTS:APEMY) have earned an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of brokerages have recently commented on APEMY. Zacks Research upgraded Aperam from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Citigroup reiterated a “neutral” rating on shares of Aperam in a research note on Friday, April 17th. Jefferies Financial Group upgraded Aperam from a “hold” rating to a “buy” rating in a research note on Wednesday, April 15th. Morgan Stanley reiterated an “overweight” rating on shares of Aperam in a research note on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a research note on Thursday.

Aperam Stock Performance

Shares of APEMY stock opened at $55.00 on Tuesday. The stock’s fifty day moving average price is $45.57 and its two-hundred day moving average price is $43.36. The company has a market cap of $4.02 billion, a PE ratio of 119.57 and a beta of 1.24. Aperam has a fifty-two week low of $29.17 and a fifty-two week high of $57.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 3.15.

Aperam (OTCMKTS:APEMY) last issued its 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). The business had revenue of $1.85 billion during 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%. Equities analysts predict that Aperam will post 2.3 EPS for the current fiscal year.

About Aperam

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.