Aperam (OTCMKTS:APEMY) Posts Earnings Results

Aperam (OTCMKTS:APEMY) posted its earnings results on Friday. The company reported ($0.33) EPS for the quarter, Zacks reports. Aperam had a return on equity of 1.72% and a net margin of 3.11%.

Aperam Stock Performance

Shares of Aperam stock remained flat at $37.90 during trading on Friday. 15 shares of the stock were exchanged, compared to its average volume of 68. The firm has a market capitalization of $2.77 billion, a P/E ratio of 13.11 and a beta of 1.38. The firm’s fifty day simple moving average is $34.36 and its two-hundred day simple moving average is $32.05. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.47 and a current ratio of 1.40. Aperam has a 1-year low of $25.89 and a 1-year high of $37.90.

Aperam Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, September 11th. Stockholders of record on Monday, August 18th were given a $0.444 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a dividend yield of 571.0%. Aperam’s payout ratio is presently 61.25%.

Analyst Upgrades and Downgrades

APEMY has been the subject of a number of analyst reports. Jefferies Financial Group cut shares of Aperam from a “buy” rating to a “hold” rating in a research report on Thursday, July 10th. Zacks Research upgraded Aperam from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.