Acerinox (OTCMKTS:ANIOY – Get Free Report) is projected to release its results before the market opens on Friday, February 27th. Analysts expect Acerinox to post earnings of $0.06 per share for the quarter.
Acerinox Stock Performance
Shares of ANIOY opened at $7.68 on Friday. Acerinox has a 52-week low of $4.81 and a 52-week high of $8.30. The company has a current ratio of 1.91, a quick ratio of 0.95 and a debt-to-equity ratio of 0.63. The firm has a 50-day moving average price of $7.33 and a 200 day moving average price of $6.76.
Analysts Set New Price Targets
Separately, Citigroup reaffirmed a “buy” rating on shares of Acerinox in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
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.
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