Aperam (OTCMKTS:APEMY) Rating Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Aperam (OTCMKTS:APEMY) from a strong-buy rating to a hold rating in a report published on Tuesday, January 9th.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

Shares of Aperam (OTCMKTS APEMY) traded down $0.99 during mid-day trading on Tuesday, reaching $54.40. The company’s stock had a trading volume of 399 shares, compared to its average volume of 558. Aperam has a one year low of $43.50 and a one year high of $55.45. The firm has a market capitalization of $4,740.00, a P/E ratio of 22.70 and a beta of 1.93.

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Aperam Company Profile

Aperam produces and sells stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel, Services & Solutions, and Alloys & Specialties. The company offers steel products and electrical steels, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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