Aperam's Stock Climbs 6.26%, Hits a Four-Year High
The stock of the Luxembourg-based steelmaker continues its post-earnings momentum. At mid-session, the stock is up 6.26% at €48.22, after touching €48.32 in the morning, its highest level in four years. The previous peak was in February 2022, at the start of Russia's invasion of Ukraine.
A Rally Amplified After Quarterly Earnings Release
Aperam's stock continues its ascent that began last week. The stock is up 18.24% over seven days and nearly 30% over three months, bringing the annual performance to 84.75%. Today's movement is a direct continuation of the first quarter 2026 accounts published on April 30. The company reported an increase in adjusted EBITDA, supported by higher volumes in Europe and tight cost management, despite a net result declining to 3 million euros. During this release, the management indicated an expectation of a significantly higher adjusted EBITDA for the second quarter of 2026 compared to the first. The company also highlighted 18 million euros of gains already captured in phase 6 of its Leadership Journey plan. Today's progress contrasts with a CAC 40 down by 0.5% in session and an SBF 120 losing 0.38%.
Tight Technical Setup and Short-Term Schedule
Breaking the €48 mark pushes the stock above the upper boundary of the Bollinger Bands, set at €45.29. This breakout signals an overbought configuration, already observed in mid-April when the stock had crossed the same threshold. The RSI at 58 remains in the neutral zone, which reflects the rapidity of the expansion rather than an immediate exhaustion. The price is significantly above the MM50 (€38.65) and MM200 (€32.92), confirming the magnitude of the underlying movement. Among European peers, ArcelorMittal is up 1.71% in session, while Air Liquide is down 0.93%. The schedule remains busy in the very short term: Aperam holds its annual general meeting tomorrow, Tuesday, May 5, 2026. The next financial milestone will occur on July 30 with the publication of the semi-annual results.
