APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) Downgraded to Sell at Zacks Investment Research

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APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Zacks.com reports.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

Separately, ValuEngine upgraded APERAM/SH N Y REGISTRY SH from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

APEMY stock remained flat at $$22.54 during midday trading on Monday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 270. APERAM/SH N Y REGISTRY SH has a one year low of $21.30 and a one year high of $44.34. The firm’s fifty day simple moving average is $25.16 and its 200 day simple moving average is $26.67. The company has a market cap of $1.89 billion, a PE ratio of 6.30 and a beta of 2.16.

APERAM/SH N Y REGISTRY SH Company Profile

Aperam SA, through its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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