Acerinox (OTCMKTS:ANIOY) Reaches New 52-Week Low – Should You Sell?

Acerinox, S.A. (OTCMKTS:ANIOYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $4.55 and last traded at $4.58, with a volume of 6802 shares changing hands. The stock had previously closed at $4.96.

Acerinox Stock Performance

The business’s 50 day simple moving average is $5.13 and its 200-day simple moving average is $5.24. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 57.75 and a beta of 1.43.

About Acerinox

(Get Free Report)

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.

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