Aperam (OTCMKTS:APEMY) Sets New 12-Month High – What’s Next?

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

Aperam Stock Performance

The company has a quick ratio of 0.56, a current ratio of 2.82 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.55 billion, a PE ratio of 10.09 and a beta of 1.64. The firm’s 50-day moving average price is $28.76 and its two-hundred day moving average price is $28.39.

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

Aperam Increases Dividend

The business 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 $0.5224 dividend. This is a positive change from Aperam’s previous quarterly dividend of $0.46. This represents a $2.09 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date of this dividend is Friday, February 28th. Aperam’s payout ratio is currently 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.