Aperam (OTCMKTS:APEMY – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,696 shares, a decrease of 35.1% from the September 30th total of 2,615 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,817 shares, the short-interest ratio is presently 0.9 days.
Aperam Stock Performance
APEMY stock opened at $39.63 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.63 and a quick ratio of 0.55. The business has a 50-day moving average price of $48.17 and a 200 day moving average price of $49.68. The company has a market capitalization of $2.90 billion, a P/E ratio of 33.31 and a beta of 1.40. Aperam has a 1-year low of $35.30 and a 1-year high of $61.65.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on APEMY. Zacks Research lowered shares of Aperam from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research report on Friday, September 4th. Finally, BNP Paribas Exane lowered Aperam from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
Aperam Company Profile
Aperam SA is a Luxembourg-based producer of stainless and specialty steel products. The company manufactures a broad range of stainless steel, electrical steel and specialty alloys for applications in industries such as automotive, construction, engineering, energy, food processing and consumer goods.
Its product portfolio includes flat and long stainless steel products, precision and specialty materials, and high-performance alloys designed for demanding industrial uses. Aperam also provides processing, distribution and technical services through its services and solutions activities.
The company has an integrated industrial and commercial presence across Europe and Brazil, with additional international sales coverage.
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