Aperam (OTCMKTS:APEMY) Trading 1.3% Higher – Here’s Why

Aperam S.A. (OTCMKTS:APEMY)’s share price rose 1.3% on Thursday . The company traded as high as $26.23 and last traded at $26.23. Approximately 355 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 486 shares. The stock had previously closed at $25.90.

Aperam Trading Up 1.3 %

The company has a fifty day moving average of $28.27 and a 200-day moving average of $27.66. The company has a current ratio of 1.63, a quick ratio of 0.47 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 6.09 and a beta of 1.56.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.28 earnings per share (EPS) for the quarter. Aperam had a return on equity of 3.73% and a net margin of 4.59%. The firm had revenue of $1.64 billion for the quarter. As a group, equities research analysts anticipate that Aperam S.A. will post 1.5 earnings per share for the current fiscal year.

Aperam Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 6th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.4627 per share. The ex-dividend date of this dividend was Tuesday, November 12th. Aperam’s payout ratio is 42.46%.

About Aperam

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.