Acerinox (OTCMKTS:ANIOY) Sets New 52-Week High – Here’s Why

Acerinox, S.A. (OTCMKTS:ANIOYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $5.70 and last traded at $5.70, with a volume of 2199 shares. The stock had previously closed at $5.21.

Acerinox Stock Up 9.4 %

The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 71.26 and a beta of 1.44. The stock has a 50 day simple moving average of $4.98 and a 200 day simple moving average of $5.00. The company has a quick ratio of 1.37, a current ratio of 2.25 and a debt-to-equity ratio of 0.53.

Acerinox Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd were issued a dividend of $0.0983 per share. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox’s payout ratio is 237.50%.

About Acerinox

(Get Free Report)

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.

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