Alpha Pro Tech, Ltd. (NYSE:APT - Get Free Report)'s share price fell 3.3% during trading on Thursday . The company traded as low as $4.61 and last traded at $4.63. 59,592 shares changed hands during trading, an increase of 90% from the average session volume of 31,390 shares. The stock had previously closed at $4.79.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on Alpha Pro Tech in a report on Thursday, May 15th. They issued a "buy" rating for the company.
Read Our Latest Stock Analysis on APT
Alpha Pro Tech Stock Performance
The business's 50-day moving average is $4.48 and its two-hundred day moving average is $5.03. The firm has a market capitalization of $50.30 million, a price-to-earnings ratio of 12.51 and a beta of 0.34.
Institutional Investors Weigh In On Alpha Pro Tech
Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of Alpha Pro Tech in the 1st quarter valued at $117,000. Linden Thomas Advisory Services LLC grew its stake in Alpha Pro Tech by 17.1% in the first quarter. Linden Thomas Advisory Services LLC now owns 187,610 shares of the company's stock valued at $938,000 after acquiring an additional 27,457 shares during the period. Finally, Needham Investment Management LLC grew its stake in Alpha Pro Tech by 0.4% in the fourth quarter. Needham Investment Management LLC now owns 612,500 shares of the company's stock valued at $3,240,000 after acquiring an additional 2,500 shares during the period. 22.69% of the stock is currently owned by institutional investors and hedge funds.
About Alpha Pro Tech
(
Get Free Report)
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.
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