Acerinox (OTCMKTS:ANIOY – Get Free Report) posted its quarterly earnings results on Friday. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.17), Zacks reports. Acerinox had a return on equity of 2.85% and a net margin of 1.17%.
Acerinox Stock Performance
Shares of Acerinox stock opened at $7.91 on Friday. The company has a current ratio of 1.91, a quick ratio of 0.95 and a debt-to-equity ratio of 0.63. The stock has a fifty day simple moving average of $7.46 and a 200 day simple moving average of $6.85. Acerinox has a 12-month low of $4.81 and a 12-month high of $8.30.
Wall Street Analyst Weigh In
Separately, Citigroup reiterated a “buy” rating on shares of Acerinox in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Acerinox presently has an average rating of “Moderate Buy”.
About Acerinox
Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.
The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.
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