Aperam (OTCMKTS:APEMY) Upgraded at Zacks Research

Zacks Research upgraded shares of Aperam (OTCMKTS:APEMY) from a strong sell rating to a hold rating in a research report report published on Monday,Zacks.com reports.

Separately, Jefferies Financial Group lowered shares of Aperam from a “buy” rating to a “hold” rating in a report on Thursday, July 10th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Aperam Stock Performance

OTCMKTS:APEMY opened at $30.00 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.73 and a quick ratio of 0.43. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 10.38 and a beta of 1.39. The company’s 50-day moving average is $31.10 and its two-hundred day moving average is $31.02. Aperam has a 1-year low of $25.34 and a 1-year high of $35.75.

Aperam (OTCMKTS:APEMY) last posted its earnings results on Thursday, July 31st. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.10). Aperam had a net margin of 3.11% and a return on equity of 1.72%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.71 billion. Analysts forecast that Aperam will post 2.84 EPS for the current year.

Aperam Announces Dividend

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

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.