Aperam (OTCMKTS:APEMY) Short Interest Down 55.6% in July

Aperam (OTCMKTS:APEMY) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,600 shares, adecreaseof55.6% from the July 15th total of 3,600 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 3.2 days. Currently,0.0% of the shares of the stock are sold short. Currently,0.0% of the shares of the stock are sold short. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 3.2 days.

Aperam Price Performance

Shares of OTCMKTS:APEMY opened at $30.37 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.43 and a current ratio of 1.73. The firm has a fifty day moving average price of $31.26 and a 200 day moving average price of $30.74. Aperam has a fifty-two week low of $25.34 and a fifty-two week high of $35.75. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 10.51 and a beta of 1.37.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.10). The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Aperam had a net margin of 3.11% and a return on equity of 1.72%. As a group, sell-side analysts expect that Aperam will post 2.84 earnings per share for the current fiscal year.

Aperam Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, September 11th. Investors of record on Monday, August 18th will be paid a dividend of $0.444 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a yield of 571.0%. Aperam’s dividend payout ratio is presently 61.59%.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered shares of Aperam from a “buy” rating to a “hold” rating in a research report on Thursday, July 10th.

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.