Alpha Pro Tech (NYSE:APT) Shares Down 0.2% - Time to Sell?

Alpha Pro Tech, Ltd. (NYSE:APT - Get Free Report) shares traded down 0.2% during mid-day trading on Friday . The stock traded as low as $4.68 and last traded at $4.73. 16,315 shares changed hands during trading, a decline of 44% from the average session volume of 29,335 shares. The stock had previously closed at $4.74.

Analysts Set New Price Targets

Separately, Wall Street Zen began coverage on shares of Alpha Pro Tech in a research report on Thursday, May 15th. They issued a "buy" rating for the company.

Alpha Pro Tech Trading Up 1.7%

The stock has a market capitalization of $51.82 million, a PE ratio of 12.89 and a beta of 0.34. The business's 50-day moving average is $4.58 and its two-hundred day moving average is $4.95.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Needham Investment Management LLC increased its position in shares of Alpha Pro Tech by 0.4% during the fourth quarter. Needham Investment Management LLC now owns 612,500 shares of the company's stock worth $3,240,000 after acquiring an additional 2,500 shares during the last quarter. Jane Street Group LLC acquired a new stake in Alpha Pro Tech during the 1st quarter valued at approximately $117,000. Finally, Linden Thomas Advisory Services LLC grew its stake in Alpha Pro Tech by 17.1% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 187,610 shares of the company's stock valued at $938,000 after purchasing an additional 27,457 shares in the last quarter. 22.69% of the stock is owned by institutional investors and hedge funds.

Alpha Pro Tech Company Profile

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.