Acerinox (OTCMKTS:ANIOY) Posts Earnings Results

Acerinox (OTCMKTS:ANIOY) posted its quarterly earnings results on Wednesday. The company reported $0.13 EPS for the quarter, reports. The firm had revenue of $1.40 billion for the quarter. Acerinox had a net margin of 1.13% and a return on equity of 8.99%.

Acerinox Stock Performance

Shares of OTCMKTS ANIOY opened at $5.14 on Friday. Acerinox has a twelve month low of $4.53 and a twelve month high of $5.80. The firm has a market cap of $2.56 billion, a PE ratio of 10.94 and a beta of 1.45. The business has a fifty day simple moving average of $5.28 and a two-hundred day simple moving average of $5.40. The company has a quick ratio of 1.29, a current ratio of 2.27 and a debt-to-equity ratio of 0.52.

Acerinox Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, August 5th. Investors of record on Thursday, July 18th will be issued a $0.1183 dividend. This is a positive change from Acerinox’s previous dividend of $0.12. The ex-dividend date is Thursday, July 18th. Acerinox’s payout ratio is presently 80.00%.

About Acerinox

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.