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Acerinox (OTCMKTS:ANIOY) Sets New 12-Month High - Should You Buy?

Acerinox logo with Basic Materials background

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $5.70 and last traded at $5.70, with a volume of 2199 shares trading hands. The stock had previously closed at $5.21.

Acerinox Stock Performance

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 simple moving average is $5.03 and its 200-day simple moving average is $5.02. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 72.51 and a beta of 1.44.

Acerinox Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd were given a $0.0983 dividend. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox's dividend payout ratio (DPR) is currently 250.03%.

Acerinox Company Profile

(Get Free Report)

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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