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

Posted by Brenda Bartman on May 29th, 2026

Acerinox (OTCMKTS:ANIOY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $8.68, but opened at $9.17. Acerinox shares last traded at $9.17, with a volume of 1,237 shares.

Analyst Upgrades and Downgrades

ANIOY has been the subject of several analyst reports. Citigroup restated a “buy” rating on shares of Acerinox in a 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 Tuesday, May 19th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Report on Acerinox

Acerinox Price Performance

The business’s fifty day moving average is $7.85 and its two-hundred day moving average is $7.43. The company has a market cap of $4.61 billion, a P/E ratio of -92.49 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 1.89.

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

Acerinox Company Profile

(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.