Aperam (OTCMKTS:APEMY) Releases Earnings Results, Misses Estimates By $0.03 EPS

Aperam (OTCMKTS:APEMY) issued its earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03), Zacks reports. Aperam had a return on equity of 1.05% and a net margin of 0.17%.

Aperam Price Performance

Shares of APEMY remained flat at $48.00 on Thursday. The company had a trading volume of 2 shares, compared to its average volume of 1,172. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 300.02 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’s fifty day moving average is $44.53 and its 200-day moving average is $41.93. Aperam has a 1-year low of $28.95 and a 1-year high of $54.50.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on APEMY. Citigroup reissued a “neutral” rating on shares of Aperam in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Aperam in a research note on Tuesday, April 14th. Oddo Bhf downgraded Aperam to a “neutral” rating in a research note on Wednesday, January 14th. Jefferies Financial Group raised Aperam from a “hold” rating to a “buy” rating in a research note on Wednesday, April 15th. Finally, Zacks Research downgraded Aperam from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Aperam 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.