Aperam (OTCMKTS:APEMY) Given Consensus Rating of “Hold” by Brokerages

Shares of Aperam (OTCMKTS:APEMY) have received an average recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

A number of research analysts have issued reports on the company. Morgan Stanley restated an “overweight” rating on shares of Aperam in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Aperam in a report on Monday, February 9th. Zacks Research lowered shares of Aperam from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. Oddo Bhf downgraded shares of Aperam to a “neutral” rating in a research report on Wednesday, January 14th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Aperam in a report on Thursday, January 22nd.

Aperam Price Performance

Shares of OTCMKTS:APEMY opened at $41.62 on Monday. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The stock’s fifty day simple moving average is $44.99 and its two-hundred day simple moving average is $40.14. Aperam has a 1-year low of $25.97 and a 1-year high of $54.50. The stock has a market cap of $3.05 billion, a PE ratio of 260.14 and a beta of 1.05.

Aperam (OTCMKTS:APEMY) last posted its earnings results on Friday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.13. Aperam had a net margin of 0.17% and a return on equity of 1.05%. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.69 billion. As a group, analysts forecast that Aperam will post 2.84 EPS for the current fiscal year.

About Aperam

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.