Aperam S.A. (OTCMKTS:APEMY) Sees Large Decrease in Short Interest

Aperam S.A. (OTCMKTS:APEMY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, a decrease of 68.5% from the February 28th total of 5,400 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s stock are sold short.

Aperam Stock Performance

OTCMKTS APEMY opened at $33.45 on Friday. The company has a current ratio of 2.82, a quick ratio of 0.56 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average of $30.36 and a 200-day moving average of $28.82. Aperam has a 12 month low of $25.18 and a 12 month high of $35.75. The company has a market cap of $2.45 billion, a PE ratio of 9.67 and a beta of 1.65.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings data on Friday, February 7th. The company reported $0.18 earnings per share 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 will post 2.84 EPS for the current fiscal year.

Aperam Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given a $0.5224 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 6.25%. This is a boost from Aperam’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, February 28th. Aperam’s dividend payout ratio (DPR) is presently 51.16%.

Aperam Company Profile

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.