|Bid||11.06 x 0|
|Ask||11.06 x 0|
|Day's Range||11.03 - 11.42|
|52 Week Range||9.24 - 12.90|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||7.64|
|Earnings Date||Feb 24, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||0.50 (4.28%)|
|Ex-Dividend Date||Jun 01, 2021|
|1y Target Est||15.48|
Acerinox said a jump in demand for alloys and stainless steel is putting the company on course for its strongest annual earnings in its 51-year history.
Spanish stainless steel maker Acerinox said on Wednesday its net profit jumped 12-fold in the first nine months of the year as strong demand more than offset cost inflation. Acerinox said its net profit rose to 373 million euros ($432 million) from 31 million euros in the same period a year ago. It said positive factors, such as rising global demand for stainless steel and special alloys and higher prices, had more than offset cost increases, most notably for energy in Europe.
Acerinox (ANIOY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.