Acerinox (OTCMKTS:ANIOY) Given Average Rating of “Hold” by Analysts

Shares of Acerinox (OTCMKTS:ANIOY) have been assigned a consensus recommendation of “Hold” from the four research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating on the company.

A number of equities analysts have recently issued reports on ANIOY shares. Zacks Research downgraded Acerinox from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. Citigroup reiterated a “buy” rating on shares of Acerinox in a report on Thursday, January 22nd.

Acerinox Price Performance

Shares of ANIOY stock opened at $7.16 on Tuesday. The company’s 50-day simple moving average is $7.51 and its two-hundred day simple moving average is $6.89. Acerinox has a one year low of $4.81 and a one year high of $8.30. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.95 and a current ratio of 1.91.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Friday, February 27th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.17). The firm had revenue of $1.52 billion during the quarter. Acerinox had a negative net margin of 0.72% and a negative return on equity of 1.88%. On average, sell-side analysts anticipate that Acerinox will post 0.48 EPS for the current year.

Acerinox Company Profile

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.