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

Shares of Aperam (OTCMKTS:APEMY) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several analysts have commented on the stock. Citigroup reiterated a “neutral” rating on shares of Aperam in a research report on Wednesday, May 20th. Zacks Research upgraded Aperam from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th. BNP Paribas Exane cut Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a report on Thursday, May 14th.

Aperam Trading Up 6.1%

Shares of OTCMKTS APEMY opened at $54.50 on Thursday. Aperam has a fifty-two week low of $30.00 and a fifty-two week high of $61.65. The firm has a market capitalization of $3.99 billion, a P/E ratio of 26.98 and a beta of 1.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.15 and a quick ratio of 0.82. The company’s 50 day simple moving average is $53.12 and its 200 day simple moving average is $50.97.

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.