Acerinox (OTCMKTS:ANIOY) Trading Up 3.6%

Acerinox, S.A. (OTCMKTS:ANIOY) was up 3.6% during trading on Thursday . The company traded as high as $4.95 and last traded at $4.95. Approximately 18,200 shares traded hands during mid-day trading, an increase of 630% from the average daily volume of 2,494 shares. The stock had previously closed at $4.78.

Acerinox Price Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.29 and a current ratio of 2.27. The stock has a market capitalization of $2.47 billion, a PE ratio of 16.50 and a beta of 1.44. The company’s fifty day simple moving average is $5.12 and its two-hundred day simple moving average is $5.30.

Acerinox (OTCMKTS:ANIOY) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $1.40 billion during the quarter. Acerinox had a return on equity of 8.99% and a net margin of 1.13%. As a group, sell-side analysts predict that Acerinox, S.A. will post 0.56 EPS for the current year.

Acerinox Increases Dividend

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

Acerinox Company Profile

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.