Aperam (NASDAQ:APEMY) Cut to Sell at Zacks Investment Research

Aperam (NASDAQ:APEMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, July 12th.

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. “

Shares of Aperam (NASDAQ APEMY) traded down 2.33% during mid-day trading on Wednesday, hitting $49.15. The stock had a trading volume of 1,117 shares. The stock has a market capitalization of $3.79 billion and a P/E ratio of 13.74. The stock has a 50 day moving average of $47.58 and a 200-day moving average of $49.12. Aperam has a 52 week low of $41.28 and a 52 week high of $54.14.

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