Acerinox (OTCMKTS:ANIOY) Hits New 52-Week High – Should You Buy?

Posted by Grant Hamersma on Jun 12th, 2026

Acerinox (OTCMKTS:ANIOY – Get Free Report) hit a new 52-week high on Friday . The company traded as high as $9.79 and last traded at $9.79, with a volume of 593 shares. The stock had previously closed at $9.44.

Analysts Set New Price Targets

ANIOY has been the topic of a number of research reports. Zacks Research raised shares of Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Acerinox in a report on Tuesday, May 19th. Finally, Citigroup reaffirmed a “buy” rating on shares of Acerinox in a report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

View Our Latest Research Report on Acerinox

Acerinox Price Performance

The business’s fifty day simple moving average is $8.30 and its 200-day simple moving average is $7.60. The company has a current ratio of 1.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. The firm has a market cap of $4.88 billion, a P/E ratio of -97.89 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $3.88 billion. Acerinox had a negative net margin of 0.79% and a negative return on equity of 2.11%. As a group, analysts forecast that Acerinox will post 0.53 EPS for the current fiscal year.

Acerinox Company Profile

(Get Free Report)

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.