Jefferies Group Comments on Aperam’s FY2018 Earnings (APEMY)

Aperam (OTCMKTS:APEMY) – Investment analysts at Jefferies Group lowered their FY2018 earnings per share estimates for Aperam in a note issued to investors on Tuesday. Jefferies Group analyst S. Rosenfeld now anticipates that the company will post earnings per share of $4.36 for the year, down from their prior forecast of $4.45.

A number of other research firms have also recently commented on APEMY. ValuEngine raised Aperam from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research cut Aperam from a “strong-buy” rating to a “hold” rating in a report on Tuesday.

Aperam (OTCMKTS APEMY) traded up $0.13 during trading on Thursday, hitting $55.39. The stock had a trading volume of 1,522 shares, compared to its average volume of 513. Aperam has a 12 month low of $43.50 and a 12 month high of $55.45. The firm has a market cap of $4,720.00, a PE 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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