Aperam (OTCMKTS:APEMY) Stock Price Down 1.9% – Here’s Why

Aperam S.A. (OTCMKTS:APEMY) dropped 1.9% during mid-day trading on Wednesday . The stock traded as low as $29.10 and last traded at $29.10. Approximately 3,091 shares were traded during trading, an increase of 545% from the average daily volume of 479 shares. The stock had previously closed at $29.66.

Aperam Price Performance

The business has a fifty day moving average of $28.82 and a 200-day moving average of $27.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.47 and a current ratio of 1.63. The firm has a market capitalization of $2.13 billion, a P/E ratio of 6.75 and a beta of 1.59.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.28 earnings per share for the quarter. The business had revenue of $1.64 billion for the quarter. Aperam had a net margin of 4.59% and a return on equity of 3.73%. On average, sell-side analysts forecast that Aperam S.A. will post 1.5 EPS for the current fiscal year.

Aperam Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Tuesday, November 12th will be issued a $0.4627 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. Aperam’s dividend payout ratio (DPR) is presently 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.