Acerinox (ANIOY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Acerinox (OTCMKTS:ANIOY) from a hold rating to a sell rating in a report issued on Tuesday morning.

According to Zacks, “Acerinox, S.A. is engaged in production and selling stainless steel. The Company also offers slabs, billets, black coils, sheets, angles and bars. It operates primarily in Spain, USA, South Africa and Malaysia. Acerinox, S.A. is headquartered in Madrid, Spain. “

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Separately, ValuEngine upgraded shares of Acerinox from a hold rating to a buy rating in a research report on Wednesday, November 22nd.

Acerinox (ANIOY) opened at $7.00 on Tuesday. Acerinox has a 12-month low of $6.17 and a 12-month high of $7.73. The stock has a market cap of $4,063.71, a P/E ratio of 11.11 and a beta of 0.72.

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Acerinox Company Profile

Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.

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