Acerinox, S.A. (ACX.MC)
| Previous close | 10.03 |
| Open | 10.05 |
| Bid | 10.23 x 0 |
| Ask | 10.24 x 0 |
| Day's range | 9.97 - 10.28 |
| 52-week range | 8.67 - 10.81 |
| Volume | |
| Avg. volume | 808,903 |
| Market cap | 2.552B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 11.13 |
| EPS (TTM) | 0.92 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 0.62 (6.18%) |
| Ex-dividend date | 17 Jul 2024 |
| 1y target est | 12.50 |
ZacksNew Strong Sell Stocks for March 21st
ANIOY, CPRI and TCS have been added to the Zacks Rank #5 (Strong Sell) List on March 21, 2023.
ReutersAcerinox sees steel market improving after 2023 profit more than halves
Spanish steelmaker Acerinox said on Thursday it expects demand for steel to start recovering in coming months after its net profit more than halved last year. Net profit fell 58% to 228 million euros ($246.31 million) in 2023 after rising to record levels in 2021 and 2022 as strong demand pushed prices higher. A market adjustment that started in the second half of 2022 led to lower stainless steel demand and lower prices, Chief Executive Bernardo Velazquez told Reuters.
ZacksHaynes (HAYN) to be Acquired by Acerinox's Unit for $970 Million
Haynes (HAYN) agrees to be acquired by North American Stainless for $970 million, with Acerinox injecting $200M to bolster operations, solidifying their position for long-term success.
