Aperam (OTCMKTS:APEMY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $59.43, but opened at $49.89. Aperam shares last traded at $47.59, with a volume of 363 shares traded.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Zacks Research upgraded Aperam from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Jefferies Financial Group upgraded Aperam from a “hold” rating to a “buy” rating in a report on Wednesday, April 15th. Citigroup reiterated a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Aperam
Aperam Stock Performance
Aperam (OTCMKTS:APEMY – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.07). Aperam had a net margin of 0.49% and a return on equity of 0.94%. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.82 billion. As a group, sell-side analysts forecast that Aperam will post 2.3 earnings per share for the current fiscal year.
About Aperam
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.
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