Acerinox (OTCMKTS:ANIOY) Trading Up 4.3%

Acerinox, S.A. (OTCMKTS:ANIOY)’s stock price traded up 4.3% on Monday . The company traded as high as $5.10 and last traded at $5.10. 32,966 shares traded hands during trading, an increase of 1,350% from the average session volume of 2,273 shares. The stock had previously closed at $4.89.

Acerinox Trading Up 4.3 %

The firm’s 50-day simple moving average is $5.15 and its 200 day simple moving average is $5.34. The company has a current ratio of 2.27, a quick ratio of 1.29 and a debt-to-equity ratio of 0.52. The stock has a market cap of $2.54 billion, a P/E ratio of 17.00 and a beta of 1.45.

Acerinox (OTCMKTS:ANIOY) last announced its earnings results on Wednesday, July 24th. The company reported $0.13 earnings per share for the quarter. Acerinox had a return on equity of 8.99% and a net margin of 1.13%. The firm had revenue of $1.40 billion during the quarter. As a group, equities research analysts anticipate that Acerinox, S.A. will post 0.56 earnings per share for the current year.

Acerinox Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, July 18th were paid a dividend of $0.1183 per share. This is an increase from Acerinox’s previous dividend of $0.12. The ex-dividend date was Thursday, July 18th. Acerinox’s dividend payout ratio is currently 80.00%.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.