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

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

A number of equities analysts have recently weighed in on the company. BNP Paribas Exane downgraded Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Zacks Research raised Aperam from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a report on Friday, September 4th.

Aperam Price Performance

Aperam stock opened at $53.00 on Monday. Aperam has a fifty-two week low of $32.02 and a fifty-two week high of $61.65. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.55 and a current ratio of 1.63. The firm’s 50-day simple moving average is $53.97 and its 200 day simple moving average is $51.54. The stock has a market cap of $3.88 billion, a PE ratio of 26.24 and a beta of 1.34.

About Aperam

Aperam SA is a Luxembourg-based producer of stainless, specialty and electrical steels. The company manufactures a broad range of flat and long stainless steel products, including coils, sheets, plates, bars and wires, serving applications in sectors such as automotive, construction, engineering, energy, food processing and household appliances.

Aperam also produces nickel alloys and other specialty materials designed for demanding industrial environments. Through its services and solutions activities, the company provides processing, finishing, distribution and related support for steel products.