Acerinox (OTCMKTS:ANIOY) Shares Gap Up – Should You Buy?

Posted by Brian Himes on Jul 7th, 2026

Shares of Acerinox (OTCMKTS:ANIOY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $8.73, but opened at $9.28. Acerinox shares last traded at $9.28, with a volume of 657 shares trading hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on ANIOY. Citigroup reiterated a “buy” rating on shares of Acerinox in a research report on Wednesday, May 20th. Zacks Research upgraded shares of Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Acerinox in a report on Monday, June 15th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Acerinox presently has an average rating of “Moderate Buy”.

Get Our Latest Report on Acerinox

Acerinox Trading Up 6.3%

The business has a 50 day simple moving average of $8.87 and a 200-day simple moving average of $7.89. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of -92.79 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.89 and a quick ratio of 0.91.

Acerinox (OTCMKTS:ANIOY – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). Acerinox had a negative return on equity of 2.11% and a negative net margin of 0.79%.The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $3.88 billion. As a group, equities analysts expect that Acerinox will post 0.53 earnings per share for the current year.

About Acerinox

(Get Free Report)

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.