Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $6.47 and last traded at $6.35, with a volume of 338 shares. The stock had previously closed at $5.75.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group raised shares of Acerinox to a "buy" rating in a research report on Wednesday, March 5th.
Read Our Latest Research Report on Acerinox
Acerinox Stock Performance
The stock has a market capitalization of $3.17 billion, a P/E ratio of 79.38 and a beta of 1.41. The company has a fifty day moving average of $5.24 and a two-hundred day moving average of $5.09. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.10). Acerinox had a return on equity of 7.94% and a net margin of 0.79%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.24 billion. On average, equities analysts anticipate that Acerinox, S.A. will post 0.48 EPS for the current year.
Acerinox Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Investors 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 (DPR) is 40.43%.
About Acerinox
(
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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