Acerinox (OTCMKTS:ANIOY) Announces Earnings Results

Acerinox (OTCMKTS:ANIOY – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share for the quarter, reports. 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.

Acerinox Stock Performance

Shares of Acerinox stock opened at $5.14 on Friday. 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 business has a 50-day moving average price of $5.27 and a two-hundred day moving average price of $5.39. Acerinox has a 1-year low of $4.53 and a 1-year high of $5.80. The company has a market cap of $2.56 billion, a P/E ratio of 17.13 and a beta of 1.45.

Acerinox Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, July 18th will be issued a dividend of $0.1183 per share. This is an increase from Acerinox’s previous dividend of $0.12. The ex-dividend date of this dividend is Thursday, July 18th. Acerinox’s dividend payout ratio (DPR) is currently 80.00%.

Acerinox Company Profile

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Acerinox, SA, together with its subsidiaries, manufactures, processes, 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.

Acerinox Stock Performance

Acerinox Increases Dividend

Acerinox Company Profile

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