Acerinox (OTCMKTS:ANIOY - Get Free Report) issued its earnings results on Friday. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.24 billion. Acerinox had a net margin of 0.79% and a return on equity of 7.94%.
Acerinox Price Performance
OTCMKTS:ANIOY remained flat at $5.75 during midday trading on Monday. The company has a market capitalization of $2.87 billion, a P/E ratio of 71.88 and a beta of 1.44. The company has a current ratio of 2.25, a quick ratio of 1.37 and a debt-to-equity ratio of 0.53. The company's 50 day moving average is $5.12 and its 200-day moving average is $5.05. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.80.
Acerinox Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Thursday, January 23rd were issued a $0.0983 dividend. The ex-dividend date was Thursday, January 23rd. Acerinox's dividend payout ratio is 237.50%.
About Acerinox
(
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Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.
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