Aperam (OTCMKTS:APEMY) Sets New 52-Week High - Here's Why

Aperam S.A. (OTCMKTS:APEMY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $34.90 and last traded at $34.90, with a volume of 1249 shares changing hands. The stock had previously closed at $34.00.

Aperam Trading Up 0.7 %

The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 10.16 and a beta of 1.65. The business's 50 day moving average price is $29.12 and its 200-day moving average price is $28.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82.

Aperam (OTCMKTS:APEMY - Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Aperam had a net margin of 3.73% and a return on equity of 2.02%. Equities analysts expect that Aperam S.A. will post 2.84 EPS for the current year.

Aperam Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of $0.5224 per share. This is a positive change from Aperam's previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.09 annualized dividend and a yield of 5.94%. Aperam's dividend payout ratio is 51.16%.

Aperam Company Profile

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.