Acerinox (OTCMKTS:ANIOY) Releases Quarterly Earnings Results, Misses Expectations By $0.10 EPS

Acerinox (OTCMKTS:ANIOY) issued its quarterly earnings results on Friday. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. Acerinox had a return on equity of 7.94% and a net margin of 0.79%.

Acerinox Price Performance

Shares of ANIOY stock remained flat at $5.75 during trading on Friday. The firm’s 50 day moving average price is $5.09 and its two-hundred day moving average price is $5.04. The company has a market cap of $2.87 billion, a PE ratio of 71.88 and a beta of 1.44. Acerinox has a 52 week low of $4.45 and a 52 week high of $5.80. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Stockholders of record on Thursday, January 23rd were given a $0.0983 dividend. The ex-dividend date was Thursday, January 23rd. Acerinox’s dividend payout ratio (DPR) 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.