Aperam (OTCMKTS:APEMY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Aperam (OTCMKTS:APEMY) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have issued reports on APEMY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a report on Thursday, May 14th. Citigroup reaffirmed a “neutral” rating on shares of Aperam in a research note on Wednesday, May 20th. Jefferies Financial Group upgraded shares of Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. BNP Paribas Exane lowered shares of Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Finally, Zacks Research upgraded shares of Aperam from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th.

Aperam Stock Down 0.6%

OTCMKTS:APEMY opened at $53.71 on Friday. The company has a quick ratio of 0.82, a current ratio of 3.15 and a debt-to-equity ratio of 0.33. Aperam has a 12-month low of $29.17 and a 12-month high of $61.65. The stock’s fifty day simple moving average is $55.39 and its 200-day simple moving average is $49.57. The firm has a market capitalization of $3.93 billion, a P/E ratio of 26.59 and a beta of 1.36.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). Aperam had a net margin of 2.10% and a return on equity of 2.40%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.82 billion. Equities research analysts expect that Aperam will post 2.58 earnings per share for the current 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.