Aperam (OTCMKTS:APEMY) Shares Up 2.4% – Here’s Why

Aperam S.A. (OTCMKTS:APEMYGet Free Report) shares rose 2.4% during mid-day trading on Tuesday . The stock traded as high as $28.44 and last traded at $28.44. Approximately 711 shares were traded during trading, an increase of 60% from the average daily volume of 445 shares. The stock had previously closed at $27.78.

Aperam Stock Performance

The firm has a fifty day simple moving average of $28.03 and a 200 day simple moving average of $27.78. The company has a current ratio of 1.63, a quick ratio of 0.47 and a debt-to-equity ratio of 0.17. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 28.44 and a beta of 1.59.

Aperam Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Tuesday, November 12th will be given a $0.4627 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. Aperam’s dividend payout ratio (DPR) is currently 186.00%.

About Aperam

(Get Free Report)

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.

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