APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) Cut to “Strong Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) from a hold rating to a strong sell rating in a research note released on Friday morning, Zacks.com reports.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

Several other equities analysts also recently commented on the stock. ValuEngine raised shares of Zogenix from a buy rating to a strong-buy rating in a report on Thursday, June 27th. Goldman Sachs Group started coverage on shares of Taylor Wimpey in a research report on Wednesday, June 12th. They issued a buy rating on the stock.

Shares of OTCMKTS:APEMY opened at $25.25 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.54 and a quick ratio of 0.43. APERAM/SH N Y REGISTRY SH has a 1-year low of $23.27 and a 1-year high of $48.03. The stock has a market capitalization of $2.16 billion, a P/E ratio of 7.05 and a beta of 2.09. The firm’s 50 day moving average price is $26.33.

APERAM/SH N Y REGISTRY SH Company Profile

Aperam SA, through its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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