Acerinox (OTCMKTS:ANIOY) Hits New 12-Month Low – Time to Sell?

Acerinox, S.A. (OTCMKTS:ANIOYGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as $4.55 and last traded at $4.58, with a volume of 6802 shares. The stock had previously closed at $4.96.

Acerinox Stock Performance

The business has a 50-day moving average of $5.15 and a 200-day moving average of $5.25. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 16.54 and a beta of 1.43.

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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