Acerinox (OTCMKTS:ANIOY) Shares Gap Up – Here’s Why

Posted by Joseph Casey on Jun 6th, 2026

Acerinox (OTCMKTS:ANIOY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $8.89, but opened at $9.57. Acerinox shares last traded at $9.57, with a volume of 208 shares changing hands.

Analysts Set New Price Targets

ANIOY has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Acerinox in a research note on Tuesday, May 19th. Zacks Research upgraded shares of Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Citigroup reissued a “buy” rating on shares of Acerinox in a research report on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Acerinox

Acerinox Trading Down 3.7%

The firm’s fifty day moving average is $8.12 and its 200-day moving average is $7.53. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of -92.19 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.89 and a quick ratio of 0.91.

Acerinox (OTCMKTS:ANIOY – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $3.88 billion. Acerinox had a negative return on equity of 2.11% and a negative net margin of 0.79%. Equities analysts anticipate that Acerinox will post 0.53 earnings per share for the current year.

Acerinox Company Profile

(Get Free Report)

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.