Zacks Investment Research Downgrades Aperam (APEMY) to Hold

Aperam (OTCMKTS:APEMY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

Aperam (APEMY) opened at $55.09 on Tuesday. Aperam has a 12-month low of $43.50 and a 12-month high of $55.30. The company has a market cap of $4,668.10, a PE ratio of 22.58 and a beta of 2.11.

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About Aperam

Aperam produces and sells stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel, Services & Solutions, and Alloys & Specialties. The company offers steel products and electrical steels, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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