Zacks Investment Research downgraded shares of Acerinox (OTCMKTS:ANIOY) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.
According to Zacks, “Acerinox, S.A. is engaged in production and selling stainless steel. The Company also offers slabs, billets, black coils, sheets, angles and bars. It operates primarily in Spain, USA, South Africa and Malaysia. Acerinox, S.A. is headquartered in Madrid, Spain. “
Separately, ValuEngine raised shares of Acerinox from a hold rating to a buy rating in a report on Wednesday, November 22nd.
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Acerinox Company Profile
Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.
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