Aperam (OTCMKTS:APEMY) Sets New 12-Month High – Still a Buy?

Aperam S.A. (OTCMKTS:APEMY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $34.90 and last traded at $34.90, with a volume of 1249 shares changing hands. The stock had previously closed at $34.00.

Aperam Stock Performance

The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 10.09 and a beta of 1.64. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82. The company’s 50 day simple moving average is $28.94 and its 200 day simple moving average is $28.44.

Aperam (OTCMKTS:APEMY) last released 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%. On average, equities research analysts anticipate that Aperam S.A. will post 2.84 earnings per share for the current year.

Aperam Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $0.5224 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.09 annualized dividend and a dividend yield of 5.99%. This is a boost from Aperam’s previous quarterly dividend of $0.46. Aperam’s payout ratio is currently 51.16%.

About Aperam

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.