Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 200 shares, a decrease of 50.0% from the January 31st total of 400 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 0.3 days.

Acerinox Price Performance

ANIOY opened at $5.75 on Friday. The stock has a market capitalization of $2.87 billion, a P/E ratio of 71.88 and a beta of 1.44. Acerinox has a 12-month low of $4.45 and a 12-month high of $5.80. The stock has a 50-day moving average price of $5.12 and a 200-day moving average price of $5.05. The company has a current ratio of 2.25, a quick ratio of 1.37 and a debt-to-equity ratio of 0.53.

Acerinox (OTCMKTS:ANIOY) last issued its earnings results on Friday, February 28th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Acerinox had a net margin of 0.79% and a return on equity of 7.94%. Equities analysts predict that Acerinox will post 0.48 earnings per share for the current fiscal year.

Acerinox Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Thursday, January 23rd were issued a dividend of $0.0983 per share. The ex-dividend date was Thursday, January 23rd. Acerinox’s dividend payout ratio is presently 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.