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

Shares of Aperam (OTCMKTS:APEMY) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several research firms recently commented on APEMY. Morgan Stanley reaffirmed an “overweight” rating on shares of Aperam in a report on Thursday, February 19th. Oddo Bhf cut Aperam to a “neutral” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a report on Monday, February 9th. Zacks Research downgraded shares of Aperam from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Aperam in a research report on Thursday, January 22nd.

Aperam Stock Performance

OTCMKTS APEMY opened at $39.37 on Monday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 246.08 and a beta of 1.18. 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 has a fifty day moving average price of $44.72 and a 200-day moving average price of $40.25. Aperam has a 1 year low of $25.97 and a 1 year high of $54.50.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.13. The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.69 billion. Aperam had a net margin of 0.17% and a return on equity of 1.05%. As a group, equities research analysts predict that Aperam will post 2.84 EPS for the current fiscal 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.