Aperam (OTCMKTS:APEMY) Announces Earnings Results

Aperam (OTCMKTS:APEMY) released its earnings results on Thursday. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.37, Zacks reports. Aperam had a net margin of 0.49% and a return on equity of 0.94%.

Aperam Stock Performance

Shares of APEMY stock remained flat at $54.06 on Thursday. The stock had a trading volume of 12 shares, compared to its average volume of 98. 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 stock has a market cap of $3.96 billion, a price-to-earnings ratio of 117.52 and a beta of 1.36. Aperam has a 52 week low of $29.17 and a 52 week high of $61.65. The business has a fifty day moving average of $55.43 and a 200-day moving average of $49.45.

Analyst Ratings Changes

APEMY has been the topic of a number of analyst reports. Jefferies Financial Group raised Aperam from a “hold” rating to a “buy” rating in a research note on Wednesday, April 15th. Zacks Research upgraded Aperam from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Citigroup reiterated a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. BNP Paribas Exane cut Aperam from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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.