Aperam (OTCMKTS:APEMY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Aperam (OTCMKTS:APEMY) have received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

Several analysts have commented on APEMY shares. BNP Paribas Exane downgraded Aperam from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Jefferies Financial Group upgraded Aperam from a “hold” rating to a “buy” rating in a research note on Wednesday, April 15th. Zacks Research raised Aperam from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research report on Thursday, May 14th. Finally, Citigroup reissued a “neutral” rating on shares of Aperam in a research note on Wednesday, May 20th.

Aperam Price Performance

Shares of APEMY opened at $54.49 on Friday. Aperam has a fifty-two week low of $30.00 and a fifty-two week high of $61.65. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 26.98 and a beta of 1.34. The firm has a 50-day simple moving average of $54.81 and a 200-day simple moving average of $49.97. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 3.15.

Aperam Company Profile

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.