Acerinox (OTCMKTS:ANIOY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research cut shares of Acerinox (OTCMKTS:ANIOY) from a hold rating to a sell rating in a research note issued to investors on Thursday, January 11th.

According to Zacks, “Acerinox, S.A. is engaged in production and selling stainless steel. The Company also offers slabs, billets, black coils, sheets, angles and bars. It operates primarily in Spain, USA, South Africa and Malaysia. Acerinox, S.A. is headquartered in Madrid, Spain. “

Separately, ValuEngine raised Acerinox from a hold rating to a buy rating in a research note on Wednesday, November 22nd.

Acerinox (ANIOY) traded down $0.24 during trading hours on Thursday, reaching $7.01. The company’s stock had a trading volume of 1,774 shares, compared to its average volume of 22,748. Acerinox has a 1 year low of $6.17 and a 1 year high of $7.73. The firm has a market capitalization of $3,870.47, a price-to-earnings ratio of 19.47 and a beta of 1.23.

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Acerinox Company Profile

Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.

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