Aperam S.A. (OTCMKTS:APEMY) Short Interest Update

Aperam S.A. (OTCMKTS:APEMY) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, a decline of 68.5% from the February 28th total of 5,400 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.

Aperam Stock Performance

Aperam stock opened at $33.45 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82. The firm’s fifty day moving average price is $30.22 and its 200-day moving average price is $28.79. Aperam has a fifty-two week low of $25.18 and a fifty-two week high of $35.75. The stock has a market cap of $2.45 billion, a P/E ratio of 9.67 and a beta of 1.65.

Aperam (OTCMKTS:APEMY) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Aperam had a net margin of 3.73% and a return on equity of 2.02%. On average, equities research analysts expect that Aperam will post 2.84 earnings per share for the current fiscal year.

Aperam Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $0.5224 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 6.25%. The ex-dividend date was Friday, February 28th. This is a boost from Aperam’s previous quarterly dividend of $0.46. Aperam’s dividend payout ratio is 51.16%.

Aperam Company Profile

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.