One of the values of the selective equity index, the Ibex 35, which has depreciated the most in recent years has been the steel company Acerinox. To the point that about 34% has been left in a very short space of time. Being one of the securities most punished by sell orders among small and medium investors. For at this time to move very close to the levels at 7 euros per share. One of the lower prices of the last years and that propitiates that positions can be taken facing the medium and especially long term.
On the other hand, this situation is caused by the fact that it is a value that is closely linked to economic cycles. In other words, very bullish in the most expansive periods and very bearish in times of economic recession. In this sense, the declines at this time can be considered as a warning about the change of cycle in the international economy. With a great reliability that these forecasts are fulfilled from now on.
Another aspect that must be taken into account about this industrial value is that it is very volatile and above the rest that are listed on the Ibex 35. With a large divergence between your high and low prices and that therefore are very beneficial for trading operations. That is, made in the same trading session. Because it allows you to adjust the sale and purchase prices very well. With the possibility of obtaining large profits, although also very sensible to leave you many euros in the way of the financial markets.
Acerinox looking for the ground
Everything seems to indicate that the actions of this important value of the national variable income may be about to stop your losses in the financial markets. The floor can be around the levels of six and a half euros. From where operations could be started in the medium and long term. Despite the fact that the instability in their prices has always been very high over the years. In this context, the decision of small and medium investors will not be other than to wait from now on. To avoid a whole series of risks not necessary in this kind of operations.
While on the other hand, it cannot be forgotten that trading with a security of these characteristics is not an easy operation for small and medium investors. Among other reasons because they require a lot of experience in them. Because it is very important that the buying and selling prices are adjusted. With the main objective of obtaining a higher intermediation margin in each of the operations carried out from now on. Something that is certainly not easy to carry out due to its continuous trend changes.
It is in an oversold state
In any case, there is one thing for sure about the value and that is that it presents a very marked oversold level. And at any time there can be a rebound of some importance and that can be used to trade with this value of the industrial sector. Because it is a value that shows a constant change in its price and that allows movements to be very fast and flexible. In any case, you have to be very careful to take positions in the national steel company.
While on the other hand, it is one of the values that is having the worst performance in the selective index of Spanish equities. Because in effect, it is at the head of the falls in the Ibex 35 in the recessive moments that have occurred in recent years. Being in any case, one of the most unstable values in the market. Not surprisingly, you can have 5% raises in a trading session and the next day to leave the same percentage or even with more intensity. From this point of view, it is very difficult to operate with this listed company to make the savings profitable with greater guarantees of success.
Revaluation potential
Of all, it may be one of the values that can grow the most at a time when there is an expansion in the Spanish and international economy. From this point of view, it may be a good time to take positions in the value for the medium and long term. Not surprisingly, one of the price levels that it can reach in the coming years is very close to 12 euros. Thus, its potential for revaluation could be very close to 50%. One of the most profitable of the national equity markets.
While on the other hand, we cannot forget that the national steel company has shown business accounts that should be classified as moderately satisfactory for the interests of small and medium investors. So that of course they are much calmer at the time of opening positions in the value. Beyond other considerations of a technical nature and perhaps also from the point of view of its fundamentals. To the point that it seems that the worst has already happened in recent months.
On the other hand, it is one of the values without a doubt more aggressive of the selective index of national equities. Where the risks are always more latent due to the high volatility that occurs in the configuration of their prices. Not in vain, you can perfectly leave many euros on the way.
Dividend distribution
At the Acerinox General Shareholders' Meeting held on April 11, 2019, it was approved to distribute to all shareholders an amount of 0,20 euros per share charged to the company's share premium account for each of the existing and outstanding shares with the right to receive said payment. Being another of his incentives for their actions to be hired by investors.