Aperam (OTCMKTS:APEMY – Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.31), Zacks reports. The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.77 billion. Aperam had a return on equity of 2.34% and a net margin of 2.10%.
Aperam Price Performance
APEMY traded down $0.86 during midday trading on Friday, hitting $36.89. The stock had a trading volume of 1,590 shares, compared to its average volume of 966. The company has a market cap of $2.70 billion, a P/E ratio of 18.26 and a beta of 1.40. The business has a fifty day moving average of $47.28 and a 200 day moving average of $49.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.55 and a current ratio of 1.63. Aperam has a 1 year low of $35.30 and a 1 year high of $61.65.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a report on Friday, September 4th. Zacks Research cut Aperam from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Aperam
About Aperam
Aperam SA is a Luxembourg-based producer of stainless and specialty steel products. The company manufactures a broad range of stainless steel, electrical steel and specialty alloys for applications in industries such as automotive, construction, engineering, energy, food processing and consumer goods.
Its product portfolio includes flat and long stainless steel products, precision and specialty materials, and high-performance alloys designed for demanding industrial uses. Aperam also provides processing, distribution and technical services through its services and solutions activities.
The company has an integrated industrial and commercial presence across Europe and Brazil, with additional international sales coverage.
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