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

Acerinox, S.A. (OTCMKTS:ANIOY) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 4,700 shares, an increase of 1,466.7% from the March 31st total of 300 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 2.5 days.

Acerinox Price Performance

Shares of ANIOY opened at $5.39 on Friday. Acerinox has a 12-month low of $4.53 and a 12-month high of $5.80. The business’s fifty day moving average is $5.46 and its 200 day moving average is $5.37. The company has a quick ratio of 1.29, a current ratio of 2.27 and a debt-to-equity ratio of 0.52. The stock has a market cap of $2.69 billion, a P/E ratio of 11.47 and a beta of 1.48.

Acerinox (OTCMKTS:ANIOY) last issued its earnings results on Friday, March 1st. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). Acerinox had a return on equity of 14.98% and a net margin of 3.48%. The firm had revenue of $1.65 billion during the quarter. Sell-side analysts anticipate that Acerinox will post 0.77 earnings per share for the current fiscal year.

Acerinox Company Profile

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.