Acerinox (OTCMKTS:ANIOY) Short Interest Update

Acerinox (OTCMKTS:ANIOY) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 141 shares, a decrease of 76.4% from the April 15th total of 598 shares. Based on an average trading volume of 2,527 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Acerinox Price Performance

ANIOY stock opened at $8.25 on Thursday. Acerinox has a fifty-two week low of $5.87 and a fifty-two week high of $8.71. The business’s 50 day moving average price is $7.49 and its two-hundred day moving average price is $7.26. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 1.89. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of -82.49 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.58). The company had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $3.88 billion. Acerinox had a negative return on equity of 2.11% and a negative net margin of 0.79%. As a group, analysts forecast that Acerinox will post 0.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on ANIOY shares. Citigroup reiterated a “buy” rating on shares of Acerinox in a report on Thursday, January 22nd. Zacks Research upgraded Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Acerinox

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.