Aperam (OTCMKTS:APEMY) Shares Up 2.4% – Still a Buy?

Aperam S.A. (OTCMKTS:APEMYGet Free Report)’s share price shot up 2.4% during mid-day trading on Tuesday . The company traded as high as $28.44 and last traded at $28.44. 711 shares were traded during trading, an increase of 60% from the average session volume of 445 shares. The stock had previously closed at $27.78.

Aperam Stock Performance

The company has a market cap of $2.08 billion, a price-to-earnings ratio of 28.44 and a beta of 1.59. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.63 and a quick ratio of 0.47. The firm has a fifty day simple moving average of $28.03 and a 200 day simple moving average of $27.78.

Aperam Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Tuesday, November 12th will be paid a $0.4627 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. Aperam’s payout ratio is presently 186.00%.

About Aperam

(Get Free Report)

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.

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