Acerinox (OTCMKTS:ANIOY) Announces Quarterly Earnings Results

Acerinox (OTCMKTS:ANIOY) posted its earnings results on Friday. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. Acerinox had a net margin of 0.79% and a return on equity of 7.94%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.24 billion.

Acerinox Stock Performance

Shares of ANIOY stock opened at $5.75 on Friday. The company has a market cap of $2.87 billion, a P/E ratio of 71.88 and a beta of 1.44. The stock has a 50 day simple moving average of $5.12 and a two-hundred day simple moving average of $5.05. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.37 and a current ratio of 2.25. Acerinox has a fifty-two week low of $4.45 and a fifty-two week high of $5.80.

Acerinox Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd were issued a $0.0983 dividend. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox’s payout ratio is currently 237.50%.

About Acerinox

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.