ACERINOX SA/ADR (OTCMKTS:ANIOY) Given Consensus Rating of “Hold” by Brokerages

Shares of ACERINOX SA/ADR (OTCMKTS:ANIOY) have received a consensus rating of “Hold” from the seven analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company.

ANIOY has been the topic of several recent analyst reports. Bank of America raised ACERINOX SA/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 14th. Morgan Stanley reissued an “equal weight” rating on shares of ACERINOX SA/ADR in a research note on Friday, May 15th. Finally, Zacks Investment Research cut ACERINOX SA/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, July 21st.

Shares of OTCMKTS:ANIOY remained flat at $$4.29 on Tuesday. The firm has a 50-day moving average of $4.14 and a 200 day moving average of $4.15. ACERINOX SA/ADR has a 12-month low of $2.97 and a 12-month high of $5.43. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 11.92 and a beta of 1.72. The company has a quick ratio of 1.19, a current ratio of 2.03 and a debt-to-equity ratio of 0.55.

ACERINOX SA/ADR Company Profile

Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, and rest of Europe. The company's Flat Products segment offers slabs, flats, coils, plates, sheets, circles, and flat bars. Its Long Products segment provides bars, angles, wires, and wire rods.

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Analyst Recommendations for ACERINOX SA/ADR (OTCMKTS:ANIOY)

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