Acerinox (OTCMKTS:ANIOY) Announces Earnings Results, Misses Expectations By $0.10 EPS

Acerinox (OTCMKTS:ANIOY) issued its quarterly earnings data on Friday. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. Acerinox had a net margin of 0.79% and a return on equity of 7.94%.

Acerinox Price Performance

Shares of ANIOY stock remained flat at $5.75 during trading on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.37 and a current ratio of 2.25. The stock has a market capitalization of $2.87 billion, a P/E ratio of 71.88 and a beta of 1.44. The stock has a 50-day moving average of $5.09 and a two-hundred day moving average of $5.04. Acerinox has a 12 month low of $4.45 and a 12 month high of $5.80.

Acerinox Cuts Dividend

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

About Acerinox

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.