Aperam (OTCMKTS:APEMY) Releases Earnings Results

by · The Cerbat Gem

Aperam (OTCMKTS:APEMY – Get Free Report) posted its earnings results on Friday. The company reported ($0.33) earnings per share for the quarter, Zacks reports. Aperam had a return on equity of 1.72% and a net margin of 3.11%.

Aperam Price Performance

Aperam stock opened at $37.90 on Friday. The stock has a market cap of $2.77 billion, a PE ratio of 13.11 and a beta of 1.39. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.47 and a current ratio of 1.40. The stock has a fifty day moving average of $34.49 and a 200 day moving average of $32.10. Aperam has a one year low of $25.89 and a one year high of $37.90.

Aperam Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, September 11th. Stockholders of record on Monday, August 18th were issued a dividend of $0.444 per share. This represents a dividend yield of 571.0%. The ex-dividend date of this dividend was Friday, August 15th. Aperam’s dividend payout ratio is presently 68.17%.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Aperam from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

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Aperam Company Profile

(Get Free Report)

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.

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